Canna Global Acquisition's quarterly market cap
increased
from Jun. 2023 ($96.39 Mil) to Sep. 2023 ($97.16 Mil) but then
declined
from Sep. 2023 ($97.16 Mil) to Dec. 2023 ($84.33 Mil).
Canna Global Acquisition's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($304.24 Mil) but then
declined
from Dec. 2022 ($304.24 Mil) to Dec. 2023 ($84.33 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. Canna Global Acquisition's Enterprise Value for Today is $89.28 Mil.
Canna Global Acquisition Market Cap Historical Data
* 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 Canna Global Acquisition's Market Cap
For the Shell Companies subindustry, Canna Global Acquisition'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.
Canna Global Acquisition's Market Cap Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Canna Global Acquisition's Market Cap distribution charts can be found below:
* The bar in red indicates where Canna Global Acquisition's Market Cap falls into.
Canna Global Acquisition 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.
Canna Global Acquisition'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.
Canna Global Acquisition (NAS:CNGL) 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.
Canna Global Acquisition Market Cap Related Terms
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Canna Global Acquisition (Canna Global Acquisition) Business Description
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