Current Enterprise Value (EV)
Current share price (P) | $192.42 |
No. shares of common stock outstanding | 912,216,614 |
US$ in millions | |
Common equity (market value)1 | 175,529) |
Add: Preferred stock, $25 par value; none issued (per books) | —) |
Total equity | 175,529) |
Add: Current portion of long-term debt (per books) | 599) |
Add: Long-term debt, excluding current portion (per books) | 10,624) |
Total equity and debt | 186,752) |
Less: Cash and cash equivalents | 2,964) |
Less: Short-term investments | 5,611) |
Enterprise value (EV) | 178,177) |
Based on: 10-K (reporting date: 2023-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 192.42 × 912,216,614
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Texas Instruments Inc. Annual Report.
3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 159.20 × 909,287,673
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Texas Instruments Inc. EV increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |