Sprint Enterprise Value vs Average Equity Analysis

S -- USA Stock  

USD 6.38  0.10  1.59%

Sprint financial indicator trend analysis is much more than just breaking down Sprint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprint is a good investment. Please check the relationship between Sprint Enterprise Value and its Average Equity accounts. Also please take a look at World Market Map.

Enterprise Value vs Average Equity

Accounts Relationship

Enterprise Value vs Average Equity

Significance: Weak Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Sprint Enterprise Value account and Average Equity

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as Sprint theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Sprint debt, but would also pocket its cash. Enterprise Value is more accurate representation of Sprint value then its market capitalization because it takes into account all of Sprint Corporation 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.

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

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