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). Digital Turbine's share price for the quarter that ended in Dec. 2023 was $6.86. Digital Turbine's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 101.7 Mil. Therefore, Digital Turbine's market cap for the quarter that ended in Dec. 2023 was $697.6 Mil.
Digital Turbine's quarterly market cap
declined
from Jun. 2023 ($930.7 Mil) to Sep. 2023 ($611.6 Mil) but then
increased
from Sep. 2023 ($611.6 Mil) to Dec. 2023 ($697.6 Mil).
Digital Turbine's annual market cap
declined
from Mar. 2021 ($7,228.4 Mil) to Mar. 2022 ($4,256.7 Mil) and
declined
from Mar. 2022 ($4,256.7 Mil) to Mar. 2023 ($1,229.3 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. Digital Turbine's Enterprise Value for Today is $525.1 Mil.
Digital Turbine Market Cap Historical Data
The historical data trend for Digital Turbine'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 Digital Turbine's Market Cap
For the Software - Application subindustry, Digital Turbine'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.
Digital Turbine's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Digital Turbine's Market Cap distribution charts can be found below:
* The bar in red indicates where Digital Turbine's Market Cap falls into.
Digital Turbine 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.
Digital Turbine's Market Cap for the fiscal year that ended in Mar. 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.
Digital Turbine (NAS:APPS) 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.
Digital Turbine Market Cap Related Terms
Thank you for viewing the detailed overview of Digital Turbine's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Turbine (Digital Turbine) Business Description
Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.
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