Scientific Industries's quarterly market cap
declined
from Jun. 2023 ($36.21 Mil) to Sep. 2023 ($28.63 Mil) and
declined
from Sep. 2023 ($28.63 Mil) to Dec. 2023 ($24.25 Mil).
Scientific Industries's annual market cap
declined
from Jun. 2021 ($69.30 Mil) to Jun. 2022 ($36.42 Mil) and
declined
from Jun. 2022 ($36.42 Mil) to Dec. 2023 ($24.25 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. Scientific Industries's Enterprise Value for Today is $13.99 Mil.
* 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 Scientific Industries's Market Cap
For the Scientific & Technical Instruments subindustry, Scientific Industries'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.
Scientific Industries's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Scientific Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Scientific Industries's Market Cap falls into.
Scientific Industries 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.
Scientific Industries'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.
Scientific Industries (OTCPK:SCND) 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.
Scientific Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Scientific Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Scientific Industries (Scientific Industries) Business Description
Scientific Industries Inc is engaged in the design, manufacture, and marketing of benchtop laboratory equipment. Its products are used for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. The company's operating segment includes Benchtop Laboratory Equipment, Bioprocessing Systems and Corporate. It generates maximum revenue from the Benchtop Laboratory Equipment segment. The company offers equipment products such as mixers, shakers, stirrers, refrigerated incubators, pharmacy balances and scales, force gauges, catalyst instruments, reactor systems, and high throughput systems.
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