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). Cross Timbers Royalty Trust's share price for the quarter that ended in Dec. 2023 was $17.5642. Cross Timbers Royalty Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6.00 Mil. Therefore, Cross Timbers Royalty Trust's market cap for the quarter that ended in Dec. 2023 was $105.39 Mil.
Cross Timbers Royalty Trust's quarterly market cap
declined
from Jun. 2023 ($132.18 Mil) to Sep. 2023 ($116.88 Mil) and
declined
from Sep. 2023 ($116.88 Mil) to Dec. 2023 ($105.39 Mil).
Cross Timbers Royalty Trust's annual market cap
increased
from Dec. 2021 ($68.76 Mil) to Dec. 2022 ($152.64 Mil) but then
declined
from Dec. 2022 ($152.64 Mil) to Dec. 2023 ($105.39 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. Cross Timbers Royalty Trust's Enterprise Value for Today is $85.33 Mil.
Cross Timbers Royalty Trust Market Cap Historical Data
The historical data trend for Cross Timbers Royalty Trust'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.
For the Oil & Gas E&P subindustry, Cross Timbers Royalty Trust'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.
Cross Timbers Royalty Trust Market Cap Distribution
For the Oil & Gas industry and Energy sector, Cross Timbers Royalty Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Cross Timbers Royalty Trust's Market Cap falls into.
Cross Timbers Royalty Trust 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.
Cross Timbers Royalty Trust'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.
Cross Timbers Royalty Trust (NYSE:CRT) 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.
Cross Timbers Royalty Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Cross Timbers Royalty Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Business Description
Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
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