Question
In early 2015, Ford Motor (F) had a book value of equity of $24.8 billion, 3.8 billion shares outstanding, and a market price of $16.37
In early 2015, Ford Motor (F) had a book value of equity of $24.8 billion, 3.8 billion shares outstanding, and a market price of $16.37 per share. Ford also had cash of $21.7 billion, and total debt of $120.4 billion. Three years later, in early 2018, Ford had a book value of equity of $35.8 billion, 10.8 billion shares outstanding with a market price of $10.21 per share, cash of $26.7 billion, and total debt of $155.6 billion. Over this period, what was the change in Ford's
a. market capitalization?
b. market-to-book ratio?
c. enterprise value?
Over the 3-year period, what was the change in Ford's market capitalization?
Over the 3-year period, what was the change in Ford's market-to-book ratio?
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