GAMCO Global Gold Natural Resources &ome Trust's quarterly market cap
increased
from Jun. 2022 ($555.0 Mil) to Dec. 2022 ($559.6 Mil) and
increased
from Dec. 2022 ($559.6 Mil) to Jun. 2023 ($576.6 Mil).
GAMCO Global Gold Natural Resources &ome Trust's annual market cap
increased
from Dec. 2020 ($548.0 Mil) to Dec. 2021 ($578.1 Mil) but then
declined
from Dec. 2021 ($578.1 Mil) to Dec. 2022 ($559.6 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. GAMCO Global Gold Natural Resources &ome Trust's Enterprise Value for Today is $618.7 Mil.
GAMCO Global Gold Natural Resources &ome Trust Market Cap Historical Data
* 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.
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GAMCO Global Gold Natural Resources &ome Trust Market Cap Chart
GAMCO Global Gold Natural Resources &ome Trust Annual Data
* 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.
GAMCO Global Gold Natural Resources &ome Trust's Market Cap Distribution in the Asset Management Industry
* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's Market Cap falls into.
GAMCO Global Gold Natural Resources &ome Trust 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.
* 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.
GAMCO Global Gold Natural Resources &ome Trust (AMEX:GGN) 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.
GAMCO Global Gold Natural Resources &ome Trust Market Cap Related Terms
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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Business Description
GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio.
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