Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). American Cannabis Co's share price for the quarter that ended in Dec. 2023 was $0.00974. American Cannabis Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 171.40 Mil. Therefore, American Cannabis Co's market cap for the quarter that ended in Dec. 2023 was $1.67 Mil.
American Cannabis Co's quarterly market cap
increased
from Jun. 2023 ($1.75 Mil) to Sep. 2023 ($5.66 Mil) but then
declined
from Sep. 2023 ($5.66 Mil) to Dec. 2023 ($1.67 Mil).
American Cannabis Co's annual market cap
declined
from Dec. 2021 ($5.82 Mil) to Dec. 2022 ($2.58 Mil) and
declined
from Dec. 2022 ($2.58 Mil) to Dec. 2023 ($1.67 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. American Cannabis Co's Enterprise Value for Today is $3.25 Mil.
American Cannabis Co Market Cap Historical Data
The historical data trend for American Cannabis Co's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of American Cannabis Co's Market Cap
For the Consulting Services subindustry, American Cannabis Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Cannabis Co's Market Cap Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, American Cannabis Co's Market Cap distribution charts can be found below:
* The bar in red indicates where American Cannabis Co's Market Cap falls into.
American Cannabis Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
American Cannabis Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American Cannabis Co (OTCPK:AMMJ) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
American Cannabis Co Market Cap Related Terms
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American Cannabis Co (American Cannabis Co) Business Description
American Cannabis Co Inc is engaged in the cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It also is a licensed operator of three medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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