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). MEC Resources's share price for the quarter that ended in Dec. 2023 was A$0.004. MEC Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,008.67 Mil. Therefore, MEC Resources's market cap for the quarter that ended in Dec. 2023 was A$4.03 Mil.
MEC Resources's quarterly market cap
declined
from Dec. 2022 (A$3.24 Mil) to Jun. 2023 (A$0.99 Mil) but then
increased
from Jun. 2023 (A$0.99 Mil) to Dec. 2023 (A$4.03 Mil).
MEC Resources's annual market cap
declined
from Jun. 2021 (A$2.74 Mil) to Jun. 2022 (A$0.98 Mil) but then
increased
from Jun. 2022 (A$0.98 Mil) to Jun. 2023 (A$0.99 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. MEC Resources's Enterprise Value for Today is A$3.12 Mil.
MEC Resources Market Cap Historical Data
The historical data trend for MEC 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 MEC Resources's Market Cap
For the Oil & Gas E&P subindustry, MEC 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.
MEC Resources's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MEC Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where MEC Resources's Market Cap falls into.
MEC 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.
MEC 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.
MEC Resources (ASX:MMR) 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.
MEC Resources Market Cap Related Terms
Thank you for viewing the detailed overview of MEC Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MEC Resources Ltd through its subsidiaries is engaged in the exploration and development of oil and gas properties in Australia. The company holds interests in the EP386 and RL1 assets located in the onshore Bonaparte Basin in the north of Western Australia and Northern Territory; and PEP11 asset located in the offshore Sydney Basin.
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