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Summit Networks (Summit Networks) Market Cap : $13.54 Mil (As of May. 24, 2024)


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What is Summit Networks 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). Summit Networks's share price for the quarter that ended in Mar. 2024 was $0.1301. Summit Networks's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 68.43 Mil. Therefore, Summit Networks's market cap for the quarter that ended in Mar. 2024 was $8.90 Mil.

Summit Networks's quarterly market cap declined from Sep. 2023 ($7.35 Mil) to Dec. 2023 ($6.78 Mil) but then increased from Dec. 2023 ($6.78 Mil) to Mar. 2024 ($8.90 Mil).

Summit Networks's annual market cap declined from Sep. 2021 ($60.06 Mil) to Sep. 2022 ($49.64 Mil) and declined from Sep. 2022 ($49.64 Mil) to Sep. 2023 ($7.35 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. Summit Networks's Enterprise Value for Today is $13.39 Mil.


Summit Networks Market Cap Historical Data

The historical data trend for Summit Networks'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.

Summit Networks Market Cap Chart

Summit Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.68 19.22 60.06 49.64 7.35

Summit Networks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 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 6.77 6.78 7.35 6.78 8.90

Competitive Comparison of Summit Networks's Market Cap

For the Furnishings, Fixtures & Appliances subindustry, Summit Networks'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.


Summit Networks's Market Cap Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Summit Networks's Market Cap distribution charts can be found below:

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



Summit Networks 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.

Summit Networks's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )=Share Price (A: Sep. 2023 )*Shares Outstanding (EOP) (A: Sep. 2023 )
=$0.10948*67.14
=$7.35

Summit Networks'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 )
=$0.1301*68.4317
=$8.90

* 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.


Summit Networks  (OTCPK:SNTW) 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.


Summit Networks Market Cap Related Terms

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Summit Networks (Summit Networks) Business Description

Traded in Other Exchanges
N/A
Address
3010-8888 Odlin Cresent, Richmond, BC, CAN, V6X 3Z8
Summit Networks Inc was engaged in the development and operation of a business engaged in the distribution of glass craft products produced in China. It is looking for new business opportunities. Currently, The company is in the early stage of development of Its new business plan which involves acting as an international agent through Their wholly-owned subsidiaries, Smith Barney, Green Energy, and Beijing ALW.
Executives
Chi Ming Tso 10 percent owner 3A, KINGSWELL COMMERCIAL TOWER,, 171-173 LOCKHART RD., WANCHAI, HONG KONG K3 HKG
Keun Harry Cheung 10 percent owner ROOM 1006, 10/F TIAN GARDEN, LIN HE EAST, GUANGDONG F4 00000
Hang Dennis Cheung 10 percent owner FLAT H, 5/F, BLOCK 2, WHAMPOA GARDEN, BAUHINIA MANSIONS, KOWLOON K3 00000
Yee Man Cheung 10 percent owner RM 1709, NORTH TOWER, ZHONGZHOU CENTRE, 1068 EAST XINGANG AVENUE,HAIZHU DISTRICT, GUANGDONG PROVINCE F4 00000
Qiuli Chen director 1709 NORTH TOWER ZHONGZHOU CENTRE, 1068 EAST ROAD HAIZU DISTRICT, GUANGZHOU, GUANGDONG F4 00000
Riggs Cheung director, officer: President 41 BOBOLINK LANE, LEVITTOWN NY 11756

Summit Networks (Summit Networks) Headlines

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