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Cerner Corp (NAS:CERN)
Market Cap
\$16,245 Mil (As of Today)

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 (end-of-period, EOP). Cerner Corp's share price for the quarter that ended in Sep. 2016 was \$61.75. Cerner Corp's shares outstanding (EOP) for the quarter that ended in Sep. 2016 was 340 Mil. Therefore, Cerner Corp's market cap for the quarter that ended in Sep. 2016 was \$20,964 Mil.

Cerner Corp's quarterly market cap increased from Mar. 2016 (\$18,007 Mil) to Jun. 2016 (\$19,779 Mil) and increased from Jun. 2016 (\$19,779 Mil) to Sep. 2016 (\$20,964 Mil).

Cerner Corp's annual market cap increased from Dec. 2012 (\$13,340 Mil) to Dec. 2013 (\$19,162 Mil) and increased from Dec. 2013 (\$19,162 Mil) to Dec. 2014 (\$22,079 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. Cerner Corp's enterprise value for Today is \$16,125 Mil.

Definition

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.

Cerner Corp's Market Cap for the fiscal year that ended in Dec. 2014 is calculated as

 Market Cap (A: Dec. 2014 ) = Share Price (A: Dec. 2014 ) * Shares Outstanding (EOP) (A: Dec. 2014 ) = 64.66 * 341.47 = 22,079

Cerner Corp's Market Cap for the quarter that ended in Sep. 2016 is calculated as

 Market Cap (Q: Sep. 2016 ) = Share Price (Q: Sep. 2016 ) * Shares Outstanding (EOP) (Q: Sep. 2016 ) = 61.75 * 339.50 = 20,964

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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 companys 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.

Related Terms

Shares Outstanding (EOP)

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cerner Corp Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 mktcap 3,568 4,520 3,114 6,788 7,922 10,388 13,340 19,162 22,079 20,581

Cerner Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 mktcap 17,589 20,337 22,079 25,098 23,762 20,509 20,581 18,007 19,779 20,964
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