Switch to:
Coventry Health Care, Inc. (NYSE:CVH)
Market Cap
$0 Mil (As of Mar. 2013)

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. Coventry Health Care, Inc.'s share price for the quarter that ended in Mar. 2013 was $0. Coventry Health Care, Inc.'s shares outstanding for the quarter that ended in Mar. 2013 was 134 Mil. Therefore, Coventry Health Care, Inc.'s market cap for the quarter that ended in Mar. 2013 was $0 Mil.

Coventry Health Care, Inc.'s quarterly market cap increased from Sep. 2012 ($5,555 Mil) to Dec. 2012 ($6,011 Mil) but then declined from Dec. 2012 ($6,011 Mil) to Mar. 2013 ($0 Mil).

Coventry Health Care, Inc.'s annual market cap increased from Dec. 2010 ($3,896 Mil) to Dec. 2011 ($4,457 Mil) and increased from Dec. 2011 ($4,457 Mil) to Dec. 2012 ($6,132 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. Coventry Health Care, Inc.'s enterprise value for the quarter that ended in Mar. 2013 was $0 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.

Coventry Health Care, Inc.'s Market Cap for the fiscal year that ended in Dec. 2012 is calculated as

Market Cap (A: Dec. 2012 )=Share Price (A: Dec. 2012 )*Shares Outstanding (A: Dec. 2012 )
=44.83*136.778
=6,132

Coventry Health Care, Inc.'s Market Cap for the quarter that ended in Mar. 2013 is calculated as

Market Cap (Q: Mar. 2013 )=Share Price (Q: Mar. 2013 )*Shares Outstanding (Q: Mar. 2013 )
=0*134.300
=0

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coventry Health Care, Inc. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
mktcap 3,9974,8569,2118,0809,3232,2353,5803,8964,4576,132

Coventry Health Care, Inc. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
mktcap 3,9194,7535,4234,2144,3374,9864,4405,5556,0110
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide