FGL Holdings Tangible Asset Value vs Enterprise Value Analysis

FG -- USA Stock  

USD 8.27  0.10  1.22%

FGL Holdings financial indicator trend analysis is much more than just examining FGL Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FGL Holdings is a good investment. Please check the relationship between FGL Holdings Tangible Asset Value and its Enterprise Value accounts. Additionally see Investing Opportunities.

Tangible Asset Value vs Enterprise Value

Accounts Relationship

Tangible Asset Value vs Enterprise Value

Significance: Strong Relationship

Tangible Asset Value diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of FGL Holdings Tangible Asset Value account and Enterprise Value

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Tangible Asset Value

The value of tangibles assets calculated as the difference between [Assets] and [Intangibles].

Enterprise Value

Enterprise Value (or EV) is usually referred to as FGL Holdings theoretical takeover price. In the event of an acquisition, an acquirer would have to take on FGL Holdings debt, but would also pocket its cash. Enterprise Value is more accurate representation of FGL Holdings value than its market capitalization because it takes into account all of FGL Holdings existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].
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