Travelers Companies Average Equity vs Enterprise Value Analysis

TRV -- USA Stock  

USD 146.94  1.32  0.91%

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

Average Equity vs Enterprise Value

Accounts Relationship

Average Equity vs Enterprise Value

Significance: Strong Relationship

Average Equity diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of The Travelers Companies Average Equity account and Enterprise Value

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Average Equity

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

Enterprise Value

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