Need help with my Accounting question – I’m studying for my class.
I need a full explanation of how the total debt, share price, Market Value of Equity, and Enterprise Value were calculated for these two companies. I need to know exactly where on the balance sheet/income statement these numbers were taken from and exactly how they were used to arrive at the stated answers. For instance, I understand that Total Debt/ Net Debt is short term debt + long term debt – cash/ cash equivalents, however, I don’t understand which items on the balance sheet were used in this calculation. Therefore, a complete answer requires: (1) the formula used to arrive at the stated figure, and (2) identification of each line item from the balance sheet/ income statement used in the formula.
Kroger Co. (2/1/2020)
Total Debt: 21.18 B
Share Price: $28.13
Shares: 799M
Market Value of Equity: 22.48B
Enterprise Value: 43.7 B
Link to 10k: gov/cgi-bin/viewer?action=view&cik=56873&accession_number=0001558370-20-003501&xbrl_type=v”>https://www.sec.gov/cgi-bin/viewer?action=view&cik=56873&accession_number=0001558370-20-003501&xbrl_type=v
Weis Markets Inc. (12/31/2019)
Total Debt: 218.77M
Share Price: 36.69
Shares: 26.90M
Market Value of Equity: 986.96M
Enterprise Value: 1.2B
Link to 10k: https://www.sec.gov/cgi-bin/viewer?action=view&cik=105418&accession_number=0000105418-20-000007&xbrl_type=v
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