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GuruFocus has detected 3 Warning Signs with Goldcorp Inc $GG.
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Goldcorp Inc (NYSE:GG)
Market Cap (M)
$13,587 Mil (As of Today)

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 (end-of-period, EOP). Goldcorp Inc's share price for the quarter that ended in Dec. 2016 was $13.6. Goldcorp Inc's shares outstanding (EOP) for the quarter that ended in Dec. 2016 was 854 Mil. Therefore, Goldcorp Inc's market cap for the quarter that ended in Dec. 2016 was $11,614 Mil.

Goldcorp Inc's quarterly market cap declined from Jun. 2016 ($16,318 Mil) to Sep. 2016 ($14,108 Mil) and declined from Sep. 2016 ($14,108 Mil) to Dec. 2016 ($11,614 Mil).

Goldcorp Inc's annual market cap declined from Dec. 2014 ($15,068 Mil) to Dec. 2015 ($9,599 Mil) but then increased from Dec. 2015 ($9,599 Mil) to Dec. 2016 ($11,614 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. Goldcorp Inc's enterprise value for Today is $16,484 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.

Goldcorp Inc's Market Cap for the fiscal year that ended in Dec. 2016 is calculated as

Market Cap (A: Dec. 2016 )=Share Price (A: Dec. 2016 )*Shares Outstanding (EOP) (A: Dec. 2016 )
=13.6*854.00
=11,614

Goldcorp Inc's Market Cap for the quarter that ended in Dec. 2016 is calculated as

Market Cap (Q: Dec. 2016 )=Share Price (Q: Dec. 2016 )*Shares Outstanding (EOP) (Q: Dec. 2016 )
=13.6*854.00
=11,614

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 (EOP)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Goldcorp Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
mktcap 23,93223,00428,85836,70935,83829,78317,60215,0689,59911,614

Goldcorp Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
mktcap 18,74615,06815,02913,44610,3949,59913,47616,31814,10811,614
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