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Frontline Ltd (OSTO:FROo)
Market Cap
Kr9,540 Mil (As of Today)

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 (end-of-period, EOP). Frontline Ltd's share price for the quarter that ended in Jun. 2016 was Kr64.5. Frontline Ltd's shares outstanding (EOP) for the quarter that ended in Jun. 2016 was 156 Mil. Therefore, Frontline Ltd's market cap for the quarter that ended in Jun. 2016 was Kr10,087 Mil.

Frontline Ltd's quarterly market cap declined from Dec. 2015 (Kr14,231 Mil) to Mar. 2016 (Kr10,994 Mil) and declined from Mar. 2016 (Kr10,994 Mil) to Jun. 2016 (Kr10,087 Mil).

Frontline Ltd's annual market cap declined from Dec. 2013 (Kr2,041 Mil) to Dec. 2014 (Kr2,011 Mil) but then increased from Dec. 2014 (Kr2,011 Mil) to Dec. 2015 (Kr14,231 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. Frontline Ltd's enterprise value for Today is Kr20,695 Mil.


Definition

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.

Frontline Ltd's Market Cap for the fiscal year that ended in Dec. 2015 is calculated as

Market Cap (A: Dec. 2015 )=Share Price (A: Dec. 2015 )*Shares Outstanding (EOP) (A: Dec. 2015 )
=91*156.39
=14,231

Frontline Ltd's Market Cap for the quarter that ended in Jun. 2016 is calculated as

Market Cap (Q: Jun. 2016 )=Share Price (Q: Jun. 2016 )*Shares Outstanding (EOP) (Q: Jun. 2016 )
=64.5*156.39
=10,087

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Shares Outstanding (EOP)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Frontline Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
mktcap 019,61115,68712,61211,6701,9641,4482,0412,01114,231

Frontline Ltd Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
mktcap 1,9381,7688032,0112,2673,6113,61114,23110,99410,087
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