Capital structure: related pages

Capital structure irrelevance
The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.
Dividend irrelevance
The theory that divided payments are irrelevant when valuing a company.
Gearing
A measure of the extent to which a company is funded by debt.
PE ratio
Share price divided by earnings per share.
EV/EBITDA
Enterprise value divided by earnings before interest tax depreciation and amortisation.
De-equitisation/re-equitisation
The subsitution of debt for equity.
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