MFS Charterome Trust's quarterly market cap
declined
from Nov. 2022 ($302.34 Mil) to May. 2023 ($263.68 Mil) and
declined
from May. 2023 ($263.68 Mil) to Nov. 2023 ($257.93 Mil).
MFS Charterome Trust's annual market cap
declined
from Nov. 2021 ($375.49 Mil) to Nov. 2022 ($302.34 Mil) and
declined
from Nov. 2022 ($302.34 Mil) to Nov. 2023 ($257.93 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. MFS Charterome Trust's Enterprise Value for Today is $361.74 Mil.
MFS Charterome Trust Market Cap Historical Data
The historical data trend for MFS Charterome Trust'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 MFS Charterome Trust's Market Cap
For the Asset Management subindustry, MFS Charterome Trust'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.
MFS Charterome Trust's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, MFS Charterome Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where MFS Charterome Trust's Market Cap falls into.
MFS Charterome Trust 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.
MFS Charterome Trust's Market Cap for the fiscal year that ended in Nov. 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.
MFS Charterome Trust (NYSE:MCR) 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.
MFS Charterome Trust Market Cap Related Terms
Thank you for viewing the detailed overview of MFS Charterome Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MFS Charterome Trust (MFS Charterome Trust) Business Description
MFS Charter Income Trust is a United States-based closed-end fund. Its investment objective is to seek high current income. The fund invests the assets in debt instruments. It invests the assets in corporate bonds of U.S. and foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries. The portfolio of investments comprises different sectors investment such as aerospace, airlines, automotive, building, business services, chemicals, electronics, and other sectors.
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