GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Argo Blockchain PLC (NAS:ARBK) » Definitions » Market Cap

ARBK (Argo Blockchain) Market Cap : $46.38 Mil (As of Dec. 15, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Argo Blockchain 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). Argo Blockchain's share price for the quarter that ended in Sep. 2024 was $1.21. Argo Blockchain's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 63.64 Mil. Therefore, Argo Blockchain's market cap for the quarter that ended in Sep. 2024 was $77.00 Mil.

Argo Blockchain's quarterly market cap declined from Mar. 2024 ($125.24 Mil) to Jun. 2024 ($66.52 Mil) but then increased from Jun. 2024 ($66.52 Mil) to Sep. 2024 ($77.00 Mil).

Argo Blockchain's annual market cap declined from Dec. 2021 ($569.19 Mil) to Dec. 2022 ($51.61 Mil) but then increased from Dec. 2022 ($51.61 Mil) to Dec. 2023 ($200.82 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. Argo Blockchain's Enterprise Value for Today is $87.68 Mil.


Argo Blockchain Market Cap Historical Data

The historical data trend for Argo Blockchain'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.

Argo Blockchain Market Cap Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 569.19 51.61 200.82

Argo Blockchain Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.53 200.82 125.24 66.52 77.00

Competitive Comparison of Argo Blockchain's Market Cap

For the Capital Markets subindustry, Argo Blockchain'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.


Argo Blockchain's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argo Blockchain's Market Cap distribution charts can be found below:

* The bar in red indicates where Argo Blockchain's Market Cap falls into.



Argo Blockchain 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.

Argo Blockchain'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 )
=$3.74*53.6964
=$200.82

Argo Blockchain's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$1.21*63.6352
=$77.00

* 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.


Argo Blockchain  (NAS:ARBK) 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.


Argo Blockchain Market Cap Related Terms

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


Argo Blockchain Business Description

Traded in Other Exchanges
Address
27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.