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). MMEX Resources's share price for the quarter that ended in Jan. 2024 was $0.0001. MMEX Resources's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 8,874.01 Mil. Therefore, MMEX Resources's market cap for the quarter that ended in Jan. 2024 was $0.89 Mil.
MMEX Resources's quarterly market cap
increased
from Jul. 2023 ($0.98 Mil) to Oct. 2023 ($1.53 Mil) but then
declined
from Oct. 2023 ($1.53 Mil) to Jan. 2024 ($0.89 Mil).
MMEX Resources's annual market cap
declined
from Apr. 2021 ($52.03 Mil) to Apr. 2022 ($2.97 Mil) and
declined
from Apr. 2022 ($2.97 Mil) to Apr. 2023 ($0.23 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. MMEX Resources's Enterprise Value for Today is $2.89 Mil.
MMEX Resources Market Cap Historical Data
The historical data trend for MMEX Resources'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 MMEX Resources's Market Cap
For the Oil & Gas E&P subindustry, MMEX Resources'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.
MMEX Resources's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MMEX Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where MMEX Resources's Market Cap falls into.
MMEX Resources 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.
MMEX Resources's Market Cap for the fiscal year that ended in Apr. 2023 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.
MMEX Resources (OTCPK:MMEX) 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.
MMEX Resources Market Cap Related Terms
Thank you for viewing the detailed overview of MMEX Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MMEX Resources (MMEX Resources) Business Description
MMEX Resources Corp is a resource development company. Principally, it is engaged in the exploration, extraction, refining, and distribution of oil, gas, petroleum products and electric power projects in Texas, Peru, and other countries in Latin America. The company intends to build crude oil refining facilities in the Permian Basin in West Texas. It also focuses on operations of around 10,000 BPD distillation units that will produce a non-transportation grade diesel for sale in the local market for drilling frac fluids, along with naphtha and residual fuel oil to be sold to other refiners.
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