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). Lotus Resources's share price for the quarter that ended in Dec. 2023 was A$0.285. Lotus Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,724.53 Mil. Therefore, Lotus Resources's market cap for the quarter that ended in Dec. 2023 was A$491.49 Mil.
Lotus Resources's quarterly market cap
declined
from Dec. 2022 (A$272.08 Mil) to Jun. 2023 (A$248.64 Mil) but then
increased
from Jun. 2023 (A$248.64 Mil) to Dec. 2023 (A$491.49 Mil).
Lotus Resources's annual market cap
increased
from Jun. 2021 (A$181.40 Mil) to Jun. 2022 (A$259.46 Mil) but then
declined
from Jun. 2022 (A$259.46 Mil) to Jun. 2023 (A$248.64 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. Lotus Resources's Enterprise Value for Today is A$419.44 Mil.
Lotus Resources Market Cap Historical Data
The historical data trend for Lotus 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 Lotus Resources's Market Cap
For the Other Industrial Metals & Mining subindustry, Lotus 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.
Lotus Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lotus Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Lotus Resources's Market Cap falls into.
Lotus 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.
Lotus Resources's Market Cap for the fiscal year that ended in Jun. 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.
Lotus Resources (ASX:LOT) 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.
Lotus Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Lotus Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lotus Resources Ltd is a mineral exploration company engaged in the development of interests in exploration and development projects in the resource industry in Australia and Malawi. It holds an interest in the Kayelekera Uranium Project located in northern Malawi, the Letlhakane Uranium Project in Botswana, and the Wilconi Nickel-Cobalt Project in Australia. The company operates in four business segments and two geographical locations, being the exploration, evaluation, and development of Uranium assets in Africa (comprising the geographical locations Malawi and Botswana), nickel-cobalt exploration, evaluation, and development in Australia, and Corporate activities in Australia.
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