Equinox Resources (ASX:EQN) Market Cap : A$25.29 Mil (As of May. 15, 2024)

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What is Equinox Resources 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). Equinox Resources's share price for the quarter that ended in Jun. 2023 was A$0.11. Equinox Resources's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 95.50 Mil. Therefore, Equinox Resources's market cap for the quarter that ended in Jun. 2023 was A$10.51 Mil.

Equinox Resources's quarterly market cap declined from Jun. 2022 (A$13.37 Mil) to Dec. 2022 (A$12.42 Mil) and declined from Dec. 2022 (A$12.42 Mil) to Jun. 2023 (A$10.51 Mil).

Equinox Resources's annual market cap increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$13.37 Mil) but then declined from Jun. 2022 (A$13.37 Mil) to Jun. 2023 (A$10.51 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. Equinox Resources's Enterprise Value for Today is A$22.25 Mil.

Equinox Resources Market Cap Historical Data

The historical data trend for Equinox 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.

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Equinox Resources Market Cap Chart

Equinox Resources Annual Data

Trend

Jun22

Jun23

Market Cap

13.37

10.51

Equinox Resources Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Market Cap	20.06	13.37	12.42	10.51	30.35

Competitive Comparison of Equinox Resources's Market Cap

For the Steel subindustry, Equinox 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.

Equinox Resources's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equinox Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Equinox Resources's Market Cap falls into.

Equinox 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.

Equinox Resources's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )	=	Share Price (A: Jun. 2023 )	*	Shares Outstanding (EOP) (A: Jun. 2023 )
	=	A$0.11	*	95.5
	=	A$10.51

Equinox Resources's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )	=	Share Price (Q: Jun. 2023 )	*	Shares Outstanding (EOP) (Q: Jun. 2023 )
	=	A$0.11	*	95.5
	=	A$10.51

Equinox Resources (ASX:EQN) 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.

Equinox Resources Market Cap Related Terms

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Equinox Resources (ASX:EQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equinox Resources Ltd (ASX:EQN) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

182 St George's Terrace, Level 50, Perth, WA, AUS, 6000

Website

https://www.eqnx.com.au

Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

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