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). Asta Funding's share price for the quarter that ended in Jun. 2020 was $12.93. Asta Funding's Shares Outstanding (EOP) for the quarter that ended in Jun. 2020 was 6.57 Mil. Therefore, Asta Funding's market cap for the quarter that ended in Jun. 2020 was $84.92 Mil.
Asta Funding's quarterly market cap
declined
from Dec. 2019 ($67.84 Mil) to Mar. 2020 ($52.87 Mil) but then
increased
from Mar. 2020 ($52.87 Mil) to Jun. 2020 ($84.92 Mil).
Asta Funding's annual market cap
declined
from Sep. 2017 ($50.34 Mil) to Sep. 2018 ($26.41 Mil) but then
increased
from Sep. 2018 ($26.41 Mil) to Sep. 2019 ($45.97 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. Asta Funding's Enterprise Value for Today is $85.91 Mil.
Asta Funding Market Cap Historical Data
The historical data trend for Asta Funding'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 Asta Funding's Market Cap
For the Credit Services subindustry, Asta Funding'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.
Asta Funding's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Asta Funding's Market Cap distribution charts can be found below:
* The bar in red indicates where Asta Funding's Market Cap falls into.
Asta Funding 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.
Asta Funding's Market Cap for the fiscal year that ended in Sep. 2019 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.
Asta Funding (NAS:ASFI) 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.
Asta Funding Market Cap Related Terms
Thank you for viewing the detailed overview of Asta Funding's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Asta Funding Inc is a US-based company engaged in the business of acquiring, managing, servicing and recovering on portfolios of consumer receivables. It has organized its business into three segments: Consumer Receivables, Personal Injury Claims, Social Security Disability Advocacy. Its business activity involves purchasing, managing for its own account and servicing distressed consumer receivables, including charged-off receivables, semi-performing receivables and performing receivables, purchasing interests in personal injury claims from claimants who are a party to personal injury litigation, purchasing periodic structured settlements and annuity policies from individuals in exchange for a lump sum payment.
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