GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Coastal Acquisition Corp II (NAS:ACAB) » Definitions » Market Cap

Atlantic Coastal Acquisition II (Atlantic Coastal Acquisition II) Market Cap : $89.43 Mil (As of May. 08, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Atlantic Coastal Acquisition II 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). Atlantic Coastal Acquisition II's share price for the quarter that ended in Dec. 2023 was $10.58. Atlantic Coastal Acquisition II's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 8.17 Mil. Therefore, Atlantic Coastal Acquisition II's market cap for the quarter that ended in Dec. 2023 was $86.41 Mil.

Atlantic Coastal Acquisition II's quarterly market cap increased from Jun. 2023 ($113.95 Mil) to Sep. 2023 ($115.26 Mil) but then declined from Sep. 2023 ($115.26 Mil) to Dec. 2023 ($86.41 Mil).

Atlantic Coastal Acquisition II's annual market cap increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($382.13 Mil) but then declined from Dec. 2022 ($382.13 Mil) to Dec. 2023 ($86.41 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 Coastal Acquisition II's Enterprise Value for Today is $89.33 Mil.


Atlantic Coastal Acquisition II Market Cap Historical Data

The historical data trend for Atlantic Coastal Acquisition II'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.

Atlantic Coastal Acquisition II Market Cap Chart

Atlantic Coastal Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
- 382.13 86.41

Atlantic Coastal Acquisition II Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 382.13 389.25 113.95 115.26 86.41

Competitive Comparison of Atlantic Coastal Acquisition II's Market Cap

For the Shell Companies subindustry, Atlantic Coastal Acquisition II'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 Coastal Acquisition II's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlantic Coastal Acquisition II's Market Cap distribution charts can be found below:

* The bar in red indicates where Atlantic Coastal Acquisition II's Market Cap falls into.



Atlantic Coastal Acquisition II 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 Coastal Acquisition II's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$10.58*8.16739
=$86.41

Atlantic Coastal Acquisition II's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$10.58*8.16739
=$86.41

* 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 Coastal Acquisition II  (NAS:ACAB) 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.


Atlantic Coastal Acquisition II Market Cap Related Terms

Thank you for viewing the detailed overview of Atlantic Coastal Acquisition II's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlantic Coastal Acquisition II (Atlantic Coastal Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
6 St Johns Lane, Floor 5, New York, NY, USA, 10013
Atlantic Coastal Acquisition Corp II is a blank check company.
Executives
Curtis Collar director 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
Burt Jordan director, officer: President 4387 CHERRY HILL DRIVE, ORCHARD LAKE MI 48323
Jason Chryssicas director, officer: Chief Financial Officer 9 UPLAND LANE, ARMONK NY 10504
Shahraab Ahmad director, officer: Chaiman and CEO 49 CATHCART ROAD, LONDON X0 SW10 9JE
Joanna Lord director 215 6TH STREET SOUTH, KIRKLAND WA 98033
Anthony D. Eisenberg director, officer: Chief Strategy Officer 700 LONE PINE, BLOOMFIELD HILLS MI 48304
Bryan Dove director 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Iqbaljit Kahlon director 2144 GREEN STREET #12, SAN FRANCISCO CA 94123
Atlantic Coastal Acquisition Management Ii Llc 10 percent owner 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Darren Stanwood director P.O. BOX 861, GLOUCESTER MA 01931