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Herzfeld Caribbean Basin Fund (Herzfeld Caribbean Basin Fund) Market Cap : $36.77 Mil (As of Apr. 26, 2024)


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What is Herzfeld Caribbean Basin 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). Herzfeld Caribbean Basin Fund's share price for the quarter that ended in Dec. 2023 was $2.78. Herzfeld Caribbean Basin Fund's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 16.15 Mil. Therefore, Herzfeld Caribbean Basin Fund's market cap for the quarter that ended in Dec. 2023 was $44.90 Mil.

Herzfeld Caribbean Basin Fund's quarterly market cap increased from Dec. 2022 ($24.49 Mil) to Jun. 2023 ($28.25 Mil) and increased from Jun. 2023 ($28.25 Mil) to Dec. 2023 ($44.90 Mil).

Herzfeld Caribbean Basin Fund's annual market cap declined from Jun. 2021 ($36.54 Mil) to Jun. 2022 ($26.28 Mil) but then increased from Jun. 2022 ($26.28 Mil) to Jun. 2023 ($28.25 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. Herzfeld Caribbean Basin Fund's Enterprise Value for Today is $36.77 Mil.


Herzfeld Caribbean Basin Fund Market Cap Historical Data

The historical data trend for Herzfeld Caribbean Basin 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.

Herzfeld Caribbean Basin Fund Market Cap Chart

Herzfeld Caribbean Basin Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial 39.01 22.69 36.54 26.28 28.25

Herzfeld Caribbean Basin Fund Semi-Annual Data
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 33.07 26.28 24.49 28.25 44.90

Competitive Comparison of Herzfeld Caribbean Basin Fund's Market Cap

For the Asset Management subindustry, Herzfeld Caribbean Basin 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.


Herzfeld Caribbean Basin Fund's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Herzfeld Caribbean Basin Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where Herzfeld Caribbean Basin Fund's Market Cap falls into.



Herzfeld Caribbean Basin 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.

Herzfeld Caribbean Basin Fund's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=$3.95*7.15067
=$28.25

Herzfeld Caribbean Basin 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 )
=$2.78*16.1507
=$44.90

* 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.


Herzfeld Caribbean Basin Fund  (NAS:CUBA) 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.


Herzfeld Caribbean Basin Fund Market Cap Related Terms

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Herzfeld Caribbean Basin Fund (Herzfeld Caribbean Basin Fund) Business Description

Traded in Other Exchanges
N/A
Address
119 Washington Avenue, Suite 504, Miami Beach, FL, USA, 33139
Herzfeld Caribbean Basin Fund Inc operates as a closed-end management investment company. The company's investment objective is to obtain long-term capital appreciation. The firm offers customized discretionary account management and fund management services to individual and institutional investors. The fund invests in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country. The fund's revenue source is through the dividends it receives. Its investments are geographically allocated in the United States followed by Puerto Rico, Mexico, and other countries.
Executives
Thomas J Herzfeld director, officer: President THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Erik Mervin Herzfeld officer: Portfolio Manager THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE. SUITE 504, MIAMI BEACH FL 33139
Ryan M Paylor other: Portfolio Manager THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Cecilia L Gondor officer: Secretary/Treasurer THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Zachary Paul Richmond officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Alice Tham officer: Secretary C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Thomas K Morgan officer: CCO C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE, MIAMI BEACH FL 33139
Jose Raphael Oro other: Access Person 17 OLD ORCHARD ROAD, NORTH HAVEN CT 06473
Teofilo Abraham Babun other: Access Person 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Kay W Tatum director 122 SEVILLA AVE, APT 1713, CORAL GABLES FL 33134
Lee Reanna J.m. officer: Secretary/Treasurer/CCO 119 WASHINGTON AVE, STE 504, MIAMI BEACH FL 33139
John A Gelety director THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Ann S Lieff director THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Michael A Rubin director 420 SOUTH DIXIE HIGHWAY, STE 4-B, CORAL GABLES FL 33176