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). New Asia Holdings's share price for the quarter that ended in Dec. 2023 was $0.107. New Asia Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 75.29 Mil. Therefore, New Asia Holdings's market cap for the quarter that ended in Dec. 2023 was $8.06 Mil.
New Asia Holdings's quarterly market cap
increased
from Jun. 2023 ($12.42 Mil) to Sep. 2023 ($50.67 Mil) but then
declined
from Sep. 2023 ($50.67 Mil) to Dec. 2023 ($8.06 Mil).
New Asia Holdings's annual market cap
increased
from Dec. 2021 ($6.50 Mil) to Dec. 2022 ($25.58 Mil) but then
declined
from Dec. 2022 ($25.58 Mil) to Dec. 2023 ($8.06 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. New Asia Holdings's Enterprise Value for Today is $9.31 Mil.
New Asia Holdings Market Cap Historical Data
The historical data trend for New Asia Holdings'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 New Asia Holdings's Market Cap
For the Software - Application subindustry, New Asia Holdings'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.
New Asia Holdings's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, New Asia Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where New Asia Holdings's Market Cap falls into.
New Asia Holdings 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.
New Asia Holdings's Market Cap for the fiscal year that ended in Dec. 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.
New Asia Holdings (OTCPK:NAHD) 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.
New Asia Holdings Market Cap Related Terms
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New Asia Holdings (New Asia Holdings) Business Description
New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.
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