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.
John Current Valuation Assessment
In accordance with recently published financial statements John Hancock Income Securities Trust has Current Valuation of 257.25 M. This is 99.31% lower than that of Financial sector, and 37.87% lower than that of Closed-End Fund - Debt industry, The Current Valuation for all stocks is 99.82% higher than the company.
Filter other Stocks by Current Valuation
John Hancock Income Securities Trust is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Closed-End Fund - Debt industry is currently estimated at about 14.57 Billion. John claims roughly 257.25 Million in current valuation contributing just under 2% to stocks in Closed-End Fund - Debt industry.
Follow John Current Valuation with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other John Fundamentals