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). Tel Instrument Electronics's share price for the quarter that ended in Dec. 2023 was $1.8. Tel Instrument Electronics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3.26 Mil. Therefore, Tel Instrument Electronics's market cap for the quarter that ended in Dec. 2023 was $5.86 Mil.
Tel Instrument Electronics's quarterly market cap
declined
from Jun. 2023 ($6.67 Mil) to Sep. 2023 ($6.51 Mil) and
declined
from Sep. 2023 ($6.51 Mil) to Dec. 2023 ($5.86 Mil).
Tel Instrument Electronics's annual market cap
declined
from Mar. 2021 ($11.40 Mil) to Mar. 2022 ($10.09 Mil) and
declined
from Mar. 2022 ($10.09 Mil) to Mar. 2023 ($7.33 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. Tel Instrument Electronics's Enterprise Value for Today is $13.54 Mil.
Tel Instrument Electronics Market Cap Historical Data
The historical data trend for Tel Instrument Electronics'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.
Tel Instrument Electronics Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Market Cap
8.95
10.94
11.40
10.09
7.33
Tel Instrument Electronics Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
7.16
7.33
6.67
6.51
5.86
Competitive Comparison
For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.
Tel Instrument Electronics Market Cap Distribution
For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Market Cap distribution charts can be found below:
* The bar in red indicates where Tel Instrument Electronics's Market Cap falls into.
Tel Instrument Electronics 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.
Tel Instrument Electronics's Market Cap for the fiscal year that ended in Mar. 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.
Tel Instrument Electronics (OTCPK:TIKK) 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.
Tel Instrument Electronics Market Cap Related Terms
Thank you for viewing the detailed overview of Tel Instrument Electronics's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tel Instrument Electronics (Tel Instrument Electronics) Business Description
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The avionics government segment consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. The Avionics commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines. It generates a majority of its revenue from the Avionics Government segment.
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