What is the enterprise value (EV) for Rising Dragon Acquisition Corp. (RDAC)?

NAME	MARKET CAP	ENTERPRISE VALUE (EV)
Rising Dragon Acquisition Corp. (RDAC)	$33.15M	$33.21M
FG Communities Holdings Inc. (FGC)vs ›	$32.76M	N/A
Ribbon Acquisition Corp (RIBB)vs ›	$32.39M	$32.39M
Valor Energy Inc. (VAI)vs ›	$34.50M	N/A
Plutus Financial Group Limited (PLUT)vs ›	$35.30M	N/A
Mount Logan Capital Inc. (MLCI)vs ›	$35.58M	N/A
BayFirst Financial Corp. (BAFN)vs ›	$29.82M	N/A
U.S. Global Investors, Inc. (GROW)vs ›	$37.02M	N/A
Rand Capital Corp (RAND)vs ›	$29.16M	N/A
Fold Holdings, Inc. (FLD)vs ›	$29.12M	N/A

Enterprise Value Calculation

Market Cap

$33.15M

Total Debt

$100000.00

−

Cash

$37174.00

Enterprise Value

$33.21M

EV-Based Valuation Multiples

EV/EBITDA

N/A

EV/Sales

N/A

EV/FCF

N/A

Why use EV instead of Market Cap?

EV accounts for debt - an acquirer must pay or assume it
EV deducts cash - the acquirer effectively receives it
EV enables fair comparison of companies with different capital structures
EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute