GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nordic Nickel Ltd (ASX:NNL) » Definitions » Market Cap

Nordic Nickel (ASX:NNL) Market Cap : A$8.57 Mil (As of Jun. 22, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Nordic Nickel 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). Nordic Nickel's share price for the quarter that ended in Dec. 2023 was A$0.15. Nordic Nickel's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 129.06 Mil. Therefore, Nordic Nickel's market cap for the quarter that ended in Dec. 2023 was A$19.36 Mil.

Nordic Nickel's quarterly market cap increased from Dec. 2022 (A$23.05 Mil) to Jun. 2023 (A$25.35 Mil) but then declined from Jun. 2023 (A$25.35 Mil) to Dec. 2023 (A$19.36 Mil).

Nordic Nickel's annual market cap increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$27.65 Mil) but then declined from Jun. 2022 (A$27.65 Mil) to Jun. 2023 (A$25.35 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. Nordic Nickel's Enterprise Value for Today is A$5.71 Mil.

Nordic Nickel Market Cap Historical Data

The historical data trend for Nordic Nickel'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.

Nordic Nickel Market Cap Chart

Nordic Nickel Annual Data
Trend Jun22 Jun23
Market Cap
27.65 25.35

Nordic Nickel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap - 27.65 23.05 25.35 19.36

Competitive Comparison of Nordic Nickel's Market Cap

For the Other Industrial Metals & Mining subindustry, Nordic Nickel'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.

Nordic Nickel's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nordic Nickel's Market Cap distribution charts can be found below:

* The bar in red indicates where Nordic Nickel's Market Cap falls into.


Nordic Nickel 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.

Nordic Nickel'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$0.22*115.225
=A$25.35

Nordic Nickel'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$0.15*129.062
=A$19.36

* 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.

Nordic Nickel  (ASX:NNL) 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.

Nordic Nickel Market Cap Related Terms

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

Nordic Nickel (ASX:NNL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nordic Nickel Ltd (ASX:NNL) » Definitions » Market Cap
Comparable Companies
ASX:MTL ASX:PAT ASX:TMS ASX:LSA ASX:AX8 ASX:CMD ASX:FIN ASX:MGU ASX:BM8 ASX:VMS ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
197 St Georges Terrace, Level 12, Perth, WA, AUS, 6000
Website
https://www.nordicnickel.com
Nordic Nickel Ltd is engaged in nickel pig iron and nickel ore production. Its projects include the Pulju Nickel Project and the Maaninkijoki 3 (MJ3) Nickel Project.

Nordic Nickel (ASX:NNL) Headlines

No Headlines