Why is cash deducted from enterprise value?

Related questions

1. Is a higher NPV better?
2. Why WACC is calculated?
3. What is an example of a terminal value?
4. What does the WACC tell us?
5. What does EV Ebitda tell you?
6. What if terminal value is negative?
7. How does a DCF work?
8. How do you interpret enterprise value?
9. How do you value a company's worth?
10. What is terminal value formula?

Tags

1. #subtract
2. #operating
3. #within
4. #enterprise
5. #precise
6. #should
7. #because
8. #equity
9. #already
10. #excess
11. #considered
12. #value
13. #implicitly
14. #calculating
15. #asset
16. #subtracted
17. #accounted