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Harbinger Group Inc (NYSE:HRG)
Market Cap
$2,848 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. Harbinger Group Inc's share price for the quarter that ended in Sep. 2014 was $13.19. Harbinger Group Inc's shares outstanding for the quarter that ended in Sep. 2014 was 207 Mil. Therefore, Harbinger Group Inc's market cap for the quarter that ended in Sep. 2014 was $2,848 Mil.

Harbinger Group Inc's quarterly market cap increased from Mar. 2014 ($1,777 Mil) to Jun. 2014 ($1,890 Mil) and increased from Jun. 2014 ($1,890 Mil) to Sep. 2014 ($2,725 Mil).

Harbinger Group Inc's annual market cap increased from Sep. 2012 ($1,182 Mil) to Sep. 2013 ($1,477 Mil) and increased from Sep. 2013 ($1,477 Mil) to Sep. 2014 ($2,725 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. Harbinger Group Inc's enterprise value for Today is $7,502 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.

Harbinger Group Inc's Market Cap for the fiscal year that ended in Sep. 2014 is calculated as

Market Cap (A: Sep. 2014 )=Share Price (A: Sep. 2014 )*Shares Outstanding (A: Sep. 2014 )
=13.19*206.60
=2,725

Harbinger Group Inc's Market Cap for the quarter that ended in Sep. 2014 is calculated as

Market Cap (Q: Sep. 2014 )=Share Price (Q: Sep. 2014 )*Shares Outstanding (Q: Sep. 2014 )
=13.19*206.60
=2,725

* 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.

Harbinger Group Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Sep11Sep12Sep13Sep14
mktcap 1101341411161351197071,1821,4772,725

Harbinger Group Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
mktcap 1,0921,1821,0741,1831,0861,4771,7211,7771,8902,725
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