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). Luna Innovations's share price for the quarter that ended in Sep. 2023 was $5.86. Luna Innovations's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 33.9 Mil. Therefore, Luna Innovations's market cap for the quarter that ended in Sep. 2023 was $198.9 Mil.
Luna Innovations's quarterly market cap
increased
from Mar. 2023 ($240.1 Mil) to Jun. 2023 ($309.2 Mil) but then
declined
from Jun. 2023 ($309.2 Mil) to Sep. 2023 ($198.9 Mil).
Luna Innovations's annual market cap
declined
from Dec. 2020 ($306.5 Mil) to Dec. 2021 ($271.1 Mil) but then
increased
from Dec. 2021 ($271.1 Mil) to Dec. 2022 ($291.0 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. Luna Innovations's Enterprise Value for Today is $103.2 Mil.
Luna Innovations Market Cap Historical Data
The historical data trend for Luna Innovations'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.
Competitive Comparison of Luna Innovations's Market Cap
For the Scientific & Technical Instruments subindustry, Luna Innovations'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.
Luna Innovations's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Luna Innovations's Market Cap distribution charts can be found below:
* The bar in red indicates where Luna Innovations's Market Cap falls into.
Luna Innovations 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.
Luna Innovations's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Luna Innovations (NAS:LUNA) 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.
Luna Innovations Market Cap Related Terms
Thank you for viewing the detailed overview of Luna Innovations's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Luna Innovations (Luna Innovations) Business Description
Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.
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