Jun. 20 at 9:47 PM
Very interesting / a bit worrying I think i found something, so Net debt went up
Equity did not go much up, and somehow ev / enterprise value reached quiet astronomical figures
I was trying / i thought to check Enterprise value divided by book value, idk maybe market / mr market does that
And i think they do, so ev is 8.14bn$
(and current ratio did not improve, so current liabilities did not go to long term debt, anyways a 20x current ratio is great/ insane)
!!
$LU But it is very bad if market is thinking of EV 8.14bn$ to book value/ tangible book of 8bn$ its 1 to 1
Of course p/b is 0.1 but hey we use ev/ sales figures and ev/ profit or free cash flow ev yield
Why not do ev to book value or why do @anyone ?
This EV pop I did not know about
