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Hi,
On Eikon Python API, I'm trying to find out the exact instruments and calculation linking 'TR.EV' to 'TR.PriceClose'. I tried to subtract 'TR.NetDebt' to 'TR.EV' to have the Equity Value. And then to divide by 'TR.TtlCmnSharesOut', but I don't get 'TR.PriceClose' exactly.
I also tried to remove Minority Interest but I doesn't work neither.
I suspect I'm not using the good number of shares.
Can you help me ?
Thanks
@Alex Putkov. @Zhenya Kovalyov
Could you please help the client regarding this Eikon Data api question?
Your question is more of a data explanation and should be answered by Refinitive Helpdesk team. I see that you have already a case opened but they were confused with the API request which really has nothing to do here as the answer is applicable for Eikon application as well. I will get in touch with them and ask to help you.
Thanks for your reply. Indeed, I got in touch with the HelpDesk for this matter and they asked me to start a thread here.
Regards
Per explanation provided through the Helpdesk the relationship between TR.EV and TR.PriceClose is as follows.TR.EV=TR.CompanyMarketCap+TR.TotalDebtOutstanding+TR.MinorityInterestNonRedeemable-TR.CashandSTInvestments,
where TR.CompanyMarketCap=TR.SharesIssued*TR.PriceClose
