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Hartford Financial Services Group Inc (NYSE:HIG)
Market Cap
$16,743 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. Hartford Financial Services Group Inc's share price for the quarter that ended in Jun. 2014 was $35.81. Hartford Financial Services Group Inc's shares outstanding for the quarter that ended in Jun. 2014 was 451 Mil. Therefore, Hartford Financial Services Group Inc's market cap for the quarter that ended in Jun. 2014 was $16,743 Mil.

Hartford Financial Services Group Inc's quarterly market cap declined from Dec. 2013 ($16,198 Mil) to Mar. 2014 ($15,959 Mil) but then increased from Mar. 2014 ($15,959 Mil) to Jun. 2014 ($16,141 Mil).

Hartford Financial Services Group Inc's annual market cap increased from Dec. 2011 ($7,191 Mil) to Dec. 2012 ($9,791 Mil) and increased from Dec. 2012 ($9,791 Mil) to Dec. 2013 ($16,198 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. Hartford Financial Services Group Inc's enterprise value for Today is $16,828 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.

Hartford Financial Services Group Inc'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 )
=36.23*447.08
=16,198

Hartford Financial Services Group Inc's Market Cap for the quarter that ended in Jun. 2014 is calculated as

Market Cap (Q: Jun. 2014 )=Share Price (Q: Jun. 2014 )*Shares Outstanding (Q: Jun. 2014 )
=35.81*450.75
=16,141

* 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.

Hartford Financial Services Group Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
mktcap 20,35725,80029,57427,3794,9358,90911,7767,1919,79116,198

Hartford Financial Services Group Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
mktcap 9,3537,6808,4779,79111,23214,03613,95716,19815,95916,141
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