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). ERF Wireless's share price for the quarter that ended in Sep. 2014 was $0.03. ERF Wireless's Shares Outstanding (EOP) for the quarter that ended in Sep. 2014 was 14.52 Mil. Therefore, ERF Wireless's market cap for the quarter that ended in Sep. 2014 was $0.44 Mil.
ERF Wireless's quarterly market cap
increased
from Mar. 2014 ($0.52 Mil) to Jun. 2014 ($0.56 Mil) but then
declined
from Jun. 2014 ($0.56 Mil) to Sep. 2014 ($0.44 Mil).
ERF Wireless's annual market cap
declined
from Dec. 2011 ($6.37 Mil) to Dec. 2012 ($5.54 Mil) and
declined
from Dec. 2012 ($5.54 Mil) to Dec. 2013 ($0.41 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. ERF Wireless's Enterprise Value for Today is $0.00 Mil.
ERF Wireless Market Cap Historical Data
The historical data trend for ERF Wireless'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.
Competitive Comparison of ERF Wireless's Market Cap
For the Communication Equipment subindustry, ERF Wireless'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.
ERF Wireless's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, ERF Wireless's Market Cap distribution charts can be found below:
* The bar in red indicates where ERF Wireless's Market Cap falls into.
ERF Wireless 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.
ERF Wireless's Market Cap for the fiscal year that ended in Dec. 2013 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.
ERF Wireless (OTCPK:ERFB) 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.
ERF Wireless Market Cap Related Terms
Thank you for viewing the detailed overview of ERF Wireless's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.
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