Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Market Cap : $91.24 Mil (As of May. 26, 2024)

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What is Twin Ridge Capital Acquisition 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). Twin Ridge Capital Acquisition's share price for the quarter that ended in Jun. 2023 was $10.7. Twin Ridge Capital Acquisition's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 11.59 Mil. Therefore, Twin Ridge Capital Acquisition's market cap for the quarter that ended in Jun. 2023 was $124.05 Mil.

Twin Ridge Capital Acquisition's quarterly market cap declined from Dec. 2022 ($268.76 Mil) to Mar. 2023 ($118.72 Mil) but then increased from Mar. 2023 ($118.72 Mil) to Jun. 2023 ($124.05 Mil).

Twin Ridge Capital Acquisition's annual market cap increased from . 20 ($0.00 Mil) to Dec. 2021 ($258.10 Mil) and increased from Dec. 2021 ($258.10 Mil) to Dec. 2022 ($268.76 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. Twin Ridge Capital Acquisition's Enterprise Value for Today is $91.75 Mil.

Twin Ridge Capital Acquisition Market Cap Historical Data

The historical data trend for Twin Ridge Capital Acquisition'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.

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Twin Ridge Capital Acquisition Market Cap Chart

Twin Ridge Capital Acquisition Annual Data

Trend

Dec21

Dec22

Market Cap

258.10

268.76

Twin Ridge Capital Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Market Cap	Get a 7-Day Free Trial					261.30	264.23	268.76	118.72	124.05

Competitive Comparison of Twin Ridge Capital Acquisition's Market Cap

For the Shell Companies subindustry, Twin Ridge Capital Acquisition'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.

Twin Ridge Capital Acquisition's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Twin Ridge Capital Acquisition's Market Cap distribution charts can be found below:

* The bar in red indicates where Twin Ridge Capital Acquisition's Market Cap falls into.

Twin Ridge Capital Acquisition 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.

Twin Ridge Capital Acquisition's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )	=	Share Price (A: Dec. 2022 )	*	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	$10.09	*	26.636
	=	$268.76

Twin Ridge Capital Acquisition's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )	=	Share Price (Q: Jun. 2023 )	*	Shares Outstanding (EOP) (Q: Jun. 2023 )
	=	$10.7	*	11.5939
	=	$124.05

Twin Ridge Capital Acquisition (NYSE:TRCA) 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.

Twin Ridge Capital Acquisition Market Cap Related Terms

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Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Twin Ridge Capital Acquisition Corp (NYSE:TRCA) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Vanderbilt Beach Road, Suite 200, Naples, FL, USA, 34108

Website

https://www.twinridgecapitalac.com

Twin Ridge Capital Acquisition Corp is a blank check company.

Executives

Gary H Pilnick	director
Dale F Morrison	director, 10 percent owner	152 W 57TH ST, NEW YORK NY 10019
Twin Ridge Capital Sponsor, Llc	director, 10 percent owner	707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Alison Sarah Burns	director	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Sanjay Krishnakumar Morey	director, 10 percent owner, officer: Co-CEO and President	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Russell William Peter Jr	director, 10 percent owner, officer: Co-CEO and CFO	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Paul Henrys	director	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025