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). Rockwell Medical's share price for the quarter that ended in Dec. 2023 was $1.89. Rockwell Medical's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 29.13 Mil. Therefore, Rockwell Medical's market cap for the quarter that ended in Dec. 2023 was $55.06 Mil.
Rockwell Medical's quarterly market cap
declined
from Jun. 2023 ($91.70 Mil) to Sep. 2023 ($59.26 Mil) and
declined
from Sep. 2023 ($59.26 Mil) to Dec. 2023 ($55.06 Mil).
Rockwell Medical's annual market cap
declined
from Dec. 2021 ($38.53 Mil) to Dec. 2022 ($12.35 Mil) but then
increased
from Dec. 2022 ($12.35 Mil) to Dec. 2023 ($55.06 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. Rockwell Medical's Enterprise Value for Today is $46.55 Mil.
Rockwell Medical Market Cap Historical Data
The historical data trend for Rockwell Medical'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 Rockwell Medical's Market Cap
For the Drug Manufacturers - Specialty & Generic subindustry, Rockwell Medical'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.
Rockwell Medical's Market Cap Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Rockwell Medical's Market Cap distribution charts can be found below:
* The bar in red indicates where Rockwell Medical's Market Cap falls into.
Rockwell Medical 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.
Rockwell Medical'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.
Rockwell Medical (NAS:RMTI) 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.
Rockwell Medical Market Cap Related Terms
Thank you for viewing the detailed overview of Rockwell Medical's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rockwell Medical (Rockwell Medical) Business Description
Rockwell Medical Inc is a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products for dialysis providers. Rockwell Medical's mission is to provide dialysis clinics and patients with the highest quality products supported by the best customer service in the industry. It is focused on innovative, long-term growth strategies that enhance products, processes, and people, enabling the company to deliver exceptional value to the healthcare system and provide a positive impact on the lives of hemodialysis patients.
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