Switch to:
HollyFrontier Corp (NYSE:HFC)
Market Cap
$9,880 Mil (As of Dec. 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. HollyFrontier Corp's share price for the quarter that ended in Dec. 2013 was $49.69. HollyFrontier Corp's shares outstanding for the quarter that ended in Dec. 2013 was 199 Mil. Therefore, HollyFrontier Corp's market cap for the quarter that ended in Dec. 2013 was $9,880 Mil.

HollyFrontier Corp's quarterly market cap declined from Jun. 2013 ($8,559 Mil) to Sep. 2013 ($8,416 Mil) but then increased from Sep. 2013 ($8,416 Mil) to Dec. 2013 ($9,880 Mil).

HollyFrontier Corp's annual market cap increased from Dec. 2011 ($4,898 Mil) to Dec. 2012 ($9,475 Mil) and increased from Dec. 2012 ($9,475 Mil) to Dec. 2013 ($9,880 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. HollyFrontier Corp's enterprise value for the quarter that ended in Dec. 2013 was $9,822 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.

HollyFrontier Corp's Market Cap for the fiscal year that ended in Dec. 2013 is calculated as

Market Cap (A: Dec. 2013 )=Share Price (A: Dec. 2013 )*Shares Outstanding (A: Dec. 2013 )
=49.69*198.83
=9,880

HollyFrontier Corp's Market Cap for the quarter that ended in Dec. 2013 is calculated as

Market Cap (Q: Dec. 2013 )=Share Price (Q: Dec. 2013 )*Shares Outstanding (Q: Dec. 2013 )
=49.69*198.83
=9,880

* 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.

HollyFrontier Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
mktcap 8721,7552,8862,8159061,3602,1724,8989,4759,880

HollyFrontier Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
mktcap 5,4864,8986,6817,2148,4019,47510,4618,5598,4169,880
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