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

Equatorial Resources (ASX:EQX) Market Cap : A$19.72 Mil (As of Apr. 30, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Equatorial 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). Equatorial Resources's share price for the quarter that ended in Dec. 2023 was A$0.125. Equatorial Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 131.45 Mil. Therefore, Equatorial Resources's market cap for the quarter that ended in Dec. 2023 was A$16.43 Mil.

Equatorial Resources's quarterly market cap declined from Dec. 2022 (A$23.93 Mil) to Jun. 2023 (A$20.78 Mil) and declined from Jun. 2023 (A$20.78 Mil) to Dec. 2023 (A$16.43 Mil).

Equatorial Resources's annual market cap declined from Jun. 2021 (A$37.15 Mil) to Jun. 2022 (A$25.19 Mil) and declined from Jun. 2022 (A$25.19 Mil) to Jun. 2023 (A$20.78 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. Equatorial Resources's Enterprise Value for Today is A$4.06 Mil.


Equatorial Resources Market Cap Historical Data

The historical data trend for Equatorial 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.

* Premium members only.

Equatorial Resources Market Cap Chart

Equatorial Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.09 33.60 37.15 25.19 20.78

Equatorial Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 26.13 25.19 23.93 20.78 16.43

Competitive Comparison of Equatorial Resources's Market Cap

For the Steel subindustry, Equatorial 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.


Equatorial Resources's Market Cap Distribution in the Steel Industry

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

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



Equatorial 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.

Equatorial 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$0.165*125.945
=A$20.78

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

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=A$0.125*131.445
=A$16.43

* 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.


Equatorial Resources  (ASX:EQX) 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.


Equatorial Resources Market Cap Related Terms

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


Equatorial Resources (ASX:EQX) Business Description

Traded in Other Exchanges
N/A
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.