Showing smoothed Enterprise Value of VASCO Data Security International Inc with missing and latest data points interpolated. Enterprise Value (or EV) is usually referred to as VASCO Data theoretical takeover price. In the event of an acquisition, an acquirer would have to take on VASCO Data Security debt, but would also pocket its cash. Enterprise Value is more accurate representation of VASCO Data value then its market capitalization because it takes into account all of VASCO Data Security International Inc existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.