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). New Energy Solar's share price for the quarter that ended in Jun. 2022 was A$0.805. New Energy Solar's Shares Outstanding (EOP) for the quarter that ended in Jun. 2022 was 320.59 Mil. Therefore, New Energy Solar's market cap for the quarter that ended in Jun. 2022 was A$258.07 Mil.
New Energy Solar's quarterly market cap
declined
from Jun. 2021 (A$296.66 Mil) to Dec. 2021 (A$262.88 Mil) and
declined
from Dec. 2021 (A$262.88 Mil) to Jun. 2022 (A$258.07 Mil).
New Energy Solar's annual market cap
declined
from Dec. 2019 (A$477.44 Mil) to Dec. 2020 (A$307.31 Mil) and
declined
from Dec. 2020 (A$307.31 Mil) to Dec. 2021 (A$262.88 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. New Energy Solar's Enterprise Value for Today is A$45.94 Mil.
New Energy Solar Market Cap Historical Data
The historical data trend for New Energy Solar'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 New Energy Solar's Market Cap
For the Utilities - Renewable subindustry, New Energy Solar'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.
New Energy Solar's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, New Energy Solar's Market Cap distribution charts can be found below:
* The bar in red indicates where New Energy Solar's Market Cap falls into.
New Energy Solar 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.
New Energy Solar's Market Cap for the fiscal year that ended in Dec. 2021 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.
New Energy Solar (ASX:NEW) 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.
New Energy Solar Market Cap Related Terms
Thank you for viewing the detailed overview of New Energy Solar's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
New Energy Solar Ltd acquires, owns and manages solar generation facilities. It is engaged in investing in a diversified portfolio of solar assets across the globe including wind, geothermal, hydro-electricity, hybrid solutions and associated investments. Geographically, it operates in Australia and the United States of America.
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