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). American Resources's share price for the quarter that ended in Dec. 2023 was $1.49. American Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 76.25 Mil. Therefore, American Resources's market cap for the quarter that ended in Dec. 2023 was $113.61 Mil.
American Resources's quarterly market cap
declined
from Jun. 2023 ($149.35 Mil) to Sep. 2023 ($127.33 Mil) and
declined
from Sep. 2023 ($127.33 Mil) to Dec. 2023 ($113.61 Mil).
American Resources's annual market cap
declined
from Dec. 2021 ($117.15 Mil) to Dec. 2022 ($88.15 Mil) but then
increased
from Dec. 2022 ($88.15 Mil) to Dec. 2023 ($113.61 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. American Resources's Enterprise Value for Today is $171.56 Mil.
American Resources Market Cap Historical Data
The historical data trend for American Resources'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 American Resources's Market Cap
For the Coking Coal subindustry, American Resources'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.
American Resources's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, American Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where American Resources's Market Cap falls into.
American Resources 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.
American Resources'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.
American Resources (NAS:AREC) 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.
American Resources Market Cap Related Terms
Thank you for viewing the detailed overview of American Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
American Resources (American Resources) Business Description
American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.
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