Enterprise Value is a firm valuation proxy that approximates current market value of a company. It is typically used to determine takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that company has on its balance sheet. When takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
AngloGold Current Valuation Assessment
In accordance with recently published financial statements AngloGold Ashanti Ltd has Current Valuation of 8.27 B. This is 89.33% lower than that of Basic Materials sector, and 183.0% higher than that of Gold industry, The Current Valuation for all stocks is 94.3% higher than the company.
Filter other Stocks by Current Valuation
AngloGold Ashanti Ltd is rated fifth in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Gold industry is presently estimated at about 117.22 Billion. AngloGold holds roughly 8.27 Billion in current valuation claiming about 7% of equities under Gold industry.
Follow AngloGold Current Valuation with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other AngloGold Fundamentals