I can see from Schwesser notes that Total Capital formula is like this.
Total Capital = BV Long Term Debt + BV Equity.
Is this correct, do I ignore the short term part of Debt when I calculate EVA and MVA?
I can see from Schwesser notes that Total Capital formula is like this.
Total Capital = BV Long Term Debt + BV Equity.
Is this correct, do I ignore the short term part of Debt when I calculate EVA and MVA?
Yes. This is correct