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). Atlantic American's share price for the quarter that ended in Dec. 2023 was $2.4501. Atlantic American's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 20.4 Mil. Therefore, Atlantic American's market cap for the quarter that ended in Dec. 2023 was $50.0 Mil.
Atlantic American's quarterly market cap
stayed the same
from Jun. 2023 ($39.4 Mil) to Sep. 2023 ($39.4 Mil) but then
increased
from Sep. 2023 ($39.4 Mil) to Dec. 2023 ($50.0 Mil).
Atlantic American's annual market cap
declined
from Dec. 2021 ($49.9 Mil) to Dec. 2022 ($47.8 Mil) but then
increased
from Dec. 2022 ($47.8 Mil) to Dec. 2023 ($50.0 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. Atlantic American's Enterprise Value for Today is $47.3 Mil.
Atlantic American Market Cap Historical Data
The historical data trend for Atlantic American'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 Atlantic American's Market Cap
For the Insurance - Life subindustry, Atlantic American'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.
Atlantic American's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Atlantic American's Market Cap distribution charts can be found below:
* The bar in red indicates where Atlantic American's Market Cap falls into.
Atlantic American 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.
Atlantic American'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.
Atlantic American (NAS:AAME) 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.
Atlantic American Market Cap Related Terms
Thank you for viewing the detailed overview of Atlantic American's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Atlantic American (Atlantic American) Business Description
Atlantic American Corp operates in specialty markets within the life and health and property and casualty insurance industries. It provides property and casualty insurance including bodily injury and property damage liability coverage, uninsured motorist coverage, and physical damage coverage for commercial accounts. It also provides tailored business automobile insurance coverage, on a multi-year contract basis, to state governments and local municipalities. The company's life and health operations offer a variety of life and supplemental health products including ordinary and term life insurance, Medicare supplement, and other health insurance. It earns revenue from the collection of premiums and investment income.
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