GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Total Return Fund Inc (NYSE:FLC) » Definitions » Market Cap

Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Market Cap : $154.13 Mil (As of Apr. 29, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Flaherty & Crumrine 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). Flaherty & Crumrine Total Return Fund's share price for the quarter that ended in Nov. 2023 was $14.22. Flaherty & Crumrine Total Return Fund's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 10.46 Mil. Therefore, Flaherty & Crumrine Total Return Fund's market cap for the quarter that ended in Nov. 2023 was $148.70 Mil.

Flaherty & Crumrine Total Return Fund's quarterly market cap declined from Nov. 2022 ($169.30 Mil) to May. 2023 ($150.37 Mil) and declined from May. 2023 ($150.37 Mil) to Nov. 2023 ($148.70 Mil).

Flaherty & Crumrine Total Return Fund's annual market cap declined from Nov. 2021 ($235.21 Mil) to Nov. 2022 ($169.30 Mil) and declined from Nov. 2022 ($169.30 Mil) to Nov. 2023 ($148.70 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. Flaherty & Crumrine Total Return Fund's Enterprise Value for Today is $272.63 Mil.


Flaherty & Crumrine Total Return Fund Market Cap Historical Data

The historical data trend for Flaherty & Crumrine 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.

Flaherty & Crumrine Total Return Fund Market Cap Chart

Flaherty & Crumrine Total Return Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial 220.46 231.93 235.21 169.30 148.70

Flaherty & Crumrine Total Return Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 235.21 199.58 169.30 150.37 148.70

Competitive Comparison of Flaherty & Crumrine Total Return Fund's Market Cap

For the Asset Management subindustry, Flaherty & Crumrine 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.


Flaherty & Crumrine Total Return Fund's Market Cap Distribution in the Asset Management Industry

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

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



Flaherty & Crumrine 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.

Flaherty & Crumrine Total Return Fund's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=$14.22*10.4568
=$148.70

Flaherty & Crumrine Total Return Fund's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$14.22*10.4568
=$148.70

* 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.


Flaherty & Crumrine Total Return Fund  (NYSE:FLC) 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.


Flaherty & Crumrine Total Return Fund Market Cap Related Terms

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


Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Total Return Fund Inc is a diversified, closed-end investment management company. Its investment objective is to provide its common shareholders with a high current income. The fund's secondary investment objective is capital appreciation.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Peter C Stimes officer: VP, CFO, Chief Accounting Off. 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert E Chadwick officer: VP, Secretary, Asst. Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101

Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Headlines