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NewHydrogen (NewHydrogen) Market Cap : $4.30 Mil (As of Jun. 05, 2024)


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What is NewHydrogen 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). NewHydrogen's share price for the quarter that ended in Mar. 2024 was $0.0062. NewHydrogen's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 704.60 Mil. Therefore, NewHydrogen's market cap for the quarter that ended in Mar. 2024 was $4.37 Mil.

NewHydrogen's quarterly market cap declined from Sep. 2023 ($7.72 Mil) to Dec. 2023 ($5.14 Mil) and declined from Dec. 2023 ($5.14 Mil) to Mar. 2024 ($4.37 Mil).

NewHydrogen's annual market cap declined from Dec. 2021 ($13.38 Mil) to Dec. 2022 ($5.87 Mil) and declined from Dec. 2022 ($5.87 Mil) to Dec. 2023 ($5.14 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. NewHydrogen's Enterprise Value for Today is $4.71 Mil.


NewHydrogen Market Cap Historical Data

The historical data trend for NewHydrogen'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.

NewHydrogen Market Cap Chart

NewHydrogen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 28.38 13.38 5.87 5.14

NewHydrogen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.41 8.46 7.72 5.14 4.37

Competitive Comparison of NewHydrogen's Market Cap

For the Specialty Industrial Machinery subindustry, NewHydrogen'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.


NewHydrogen's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NewHydrogen's Market Cap distribution charts can be found below:

* The bar in red indicates where NewHydrogen's Market Cap falls into.



NewHydrogen 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.

NewHydrogen'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 )
=$0.0073*704.599
=$5.14

NewHydrogen's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0.0062*704.599
=$4.37

* 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.


NewHydrogen  (OTCPK:NEWH) 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 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.


NewHydrogen Market Cap Related Terms

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NewHydrogen (NewHydrogen) Business Description

Traded in Other Exchanges
N/A
Address
27936 Lost Canyon Road, Suite 202, Santa Clarita, CA, USA, 91387
NewHydrogen Inc is a developer of clean energy technologies. its current focus is on developing an electrolyzer technology to lower the cost of Green Hydrogen production.
Executives
Steven Craig Hill director, officer: Vice President 27936 LOST CANYON RD, SUITE 202, SANTA CLARITA CA 91387
Spencer Ryan Hall director, officer: Chief Operating Officer 27936 LOST CANYON RD, SUITE 202, SANTA CLARITA CA 91387
Steven C Bartling director BIOSOLAR INC, 27936 LOST CANYON ROAD STE 202, SANTA CLARITA CA 91387
Stanley Burton Levy officer: VP & Chief Technology Officer 7 ROCKFORD MEWS CT, WILMINGTON DE 19806
David Donghie Lee 10 percent owner, officer: CEO and Acting CFO BIOSOLAR INC, 27936 LOST CANYON ROAD SUITE 202, SANTA CLARITA CA 91387
Pon Dennis Le director BIOSOLAR INC, 27936 LOST CANYON ROAD STE 202, SANTA CLARITA CA 91387

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