Enterprise value (EV)
The enterprise value (which is also called asset value or firm value) is the total value of the assets of the business excluding cash.
EV informs how much a business is worth, which is valuable in comparing firms with different capital structures (is the particular combination of debt and equity used by a company to finance its overall operations and growth) since the capital structure doesn't influence the value of a firm.
EV = (share price x no. of shares) + total debt – cash
Equity value = Enterprise Value – total debt + cash
Equity value = No. of shares x share price