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). Air New Zealand's share price for the quarter that ended in Dec. 2023 was $1.9622. Air New Zealand's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 674 Mil. Therefore, Air New Zealand's market cap for the quarter that ended in Dec. 2023 was $1,322 Mil.
Air New Zealand's quarterly market cap
increased
from Dec. 2022 ($1,502 Mil) to Jun. 2023 ($1,551 Mil) but then
declined
from Jun. 2023 ($1,551 Mil) to Dec. 2023 ($1,322 Mil).
Air New Zealand's annual market cap
declined
from Jun. 2021 ($2,006 Mil) to Jun. 2022 ($1,179 Mil) but then
increased
from Jun. 2022 ($1,179 Mil) to Jun. 2023 ($1,551 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. Air New Zealand's Enterprise Value for Today is $1,929 Mil.
Air New Zealand Market Cap Historical Data
The historical data trend for Air New Zealand'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 Air New Zealand's Market Cap
For the Airlines subindustry, Air New Zealand'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.
Air New Zealand's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's Market Cap distribution charts can be found below:
* The bar in red indicates where Air New Zealand's Market Cap falls into.
Air New Zealand 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.
Air New Zealand's Market Cap for the fiscal year that ended in Jun. 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.
Air New Zealand (OTCPK:ANZLY) 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.
Air New Zealand Market Cap Related Terms
Thank you for viewing the detailed overview of Air New Zealand's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Air New Zealand (Air New Zealand) Business Description
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.
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