GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cornerstone Total Return Fund Inc (AMEX:CRF) » Definitions » Market Cap

Cornerstone Total Return Fund (Cornerstone Total Return Fund) Market Cap : $828.8 Mil (As of Apr. 29, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Cornerstone Total Return Fund Market Cap?

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). Cornerstone Total Return Fund's share price for the quarter that ended in Dec. 2023 was $7.06. Cornerstone Total Return Fund's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 109.8 Mil. Therefore, Cornerstone Total Return Fund's market cap for the quarter that ended in Dec. 2023 was $775.4 Mil.

Cornerstone Total Return Fund's quarterly market cap increased from Dec. 2022 ($726.4 Mil) to Jun. 2023 ($848.0 Mil) but then declined from Jun. 2023 ($848.0 Mil) to Dec. 2023 ($775.4 Mil).

Cornerstone Total Return Fund's annual market cap declined from Dec. 2021 ($870.3 Mil) to Dec. 2022 ($726.4 Mil) but then increased from Dec. 2022 ($726.4 Mil) to Dec. 2023 ($775.4 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. Cornerstone Total Return Fund's Enterprise Value for Today is $828.8 Mil.


Cornerstone Total Return Fund Market Cap Historical Data

The historical data trend for Cornerstone Total Return Fund'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.

* Premium members only.

Cornerstone Total Return Fund Market Cap Chart

Cornerstone Total Return Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 436.77 466.76 870.34 726.43 775.35

Cornerstone Total Return Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 870.34 809.26 726.43 848.05 775.35

Competitive Comparison of Cornerstone Total Return Fund's Market Cap

For the Asset Management subindustry, Cornerstone Total Return Fund'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.


Cornerstone Total Return Fund's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Total Return Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where Cornerstone Total Return Fund's Market Cap falls into.



Cornerstone Total Return Fund 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.

Cornerstone Total Return Fund's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$7.06*109.823
=$775.4

Cornerstone Total Return Fund's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$7.06*109.823
=$775.4

* 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.


Cornerstone Total Return Fund  (AMEX:CRF) 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 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.


Cornerstone Total Return Fund Market Cap Related Terms

Thank you for viewing the detailed overview of Cornerstone Total Return Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Cornerstone Total Return Fund (Cornerstone Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Total Return Fund Inc is a diversified closed-end management company. Its objective is to seek capital appreciation with current income as a secondary objective. The company invests in sectors such as Information Technology; Health Care; Financials; Communication Services; Industrials; Utilities; Energy; Real Estate and others.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Joshua Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Ralph W Bradshaw director, officer: President 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn director 16494 73RD AVENUE N, MAPLE GROVE MN 55311
Hoyt M. Peters officer: Secretary 1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel officer: Treasurer C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca officer: Treasurer 5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
William A Clark director, officer: Vice President C/O CORNERSTONE ADVISORS, INC., ONE WEST PARK SQUARE, SUITE 1650, ASHEVILLE NC 28801
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801