Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Market Cap : $72.84 Mil (As of Jun. 05, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ecofin US Renewables Infrastructure Trust Market Cap?

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 (EOP). Ecofin US Renewables Infrastructure Trust's share price for the quarter that ended in Dec. 2023 was $0.565. Ecofin US Renewables Infrastructure Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 138.08 Mil. Therefore, Ecofin US Renewables Infrastructure Trust's market cap for the quarter that ended in Dec. 2023 was $78.01 Mil.

Ecofin US Renewables Infrastructure Trust's quarterly market cap declined from Dec. 2022 ($114.95 Mil) to Jun. 2023 ($83.54 Mil) and declined from Jun. 2023 ($83.54 Mil) to Dec. 2023 ($78.01 Mil).

Ecofin US Renewables Infrastructure Trust's annual market cap declined from Dec. 2021 ($123.80 Mil) to Dec. 2022 ($114.95 Mil) and declined from Dec. 2022 ($114.95 Mil) to Dec. 2023 ($78.01 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. Ecofin US Renewables Infrastructure Trust's Enterprise Value for Today is $71.19 Mil.

Ecofin US Renewables Infrastructure Trust Market Cap Historical Data

The historical data trend for Ecofin US Renewables Infrastructure Trust's Market Cap can be seen below:

* 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.

* Premium members only.

Ecofin US Renewables Infrastructure Trust Market Cap Chart

Ecofin US Renewables Infrastructure Trust Annual Data

Trend

Dec21

Dec22

Dec23

Market Cap

123.80

114.95

78.01

Ecofin US Renewables Infrastructure Trust Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Market Cap	142.86	114.95	83.54	78.01

Competitive Comparison of Ecofin US Renewables Infrastructure Trust's Market Cap

For the Asset Management subindustry, Ecofin US Renewables Infrastructure Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* 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.

Ecofin US Renewables Infrastructure Trust's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ecofin US Renewables Infrastructure Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Ecofin US Renewables Infrastructure Trust's Market Cap falls into.

Ecofin US Renewables Infrastructure 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.

Ecofin US Renewables Infrastructure Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$0.565	*	138.079
	=	$78.01

Ecofin US Renewables Infrastructure Trust's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$0.565	*	138.079
	=	$78.01

Ecofin US Renewables Infrastructure Trust (LSE:RNEW) 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.

Ecofin US Renewables Infrastructure Trust Market Cap Related Terms

Thank you for viewing the detailed overview of Ecofin US Renewables Infrastructure Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ecofin US Renewables Infrastructure Trust PLC (LSE:RNEW) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.ecofininvest.com

Ecofin US Renewables Infrastructure Trust PLC is a closed-ended investment company. Its investment objective is to provide its shareholders with an attractive level of current distributions by investing in a diversified portfolio of mixed renewable energy and sustainable infrastructure assets.