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). Patriot Lithium's share price for the quarter that ended in Dec. 2023 was A$0.18. Patriot Lithium's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 91.45 Mil. Therefore, Patriot Lithium's market cap for the quarter that ended in Dec. 2023 was A$16.46 Mil.
Patriot Lithium's quarterly market cap
increased
from Dec. 2022 (A$22.80 Mil) to Jun. 2023 (A$23.44 Mil) but then
declined
from Jun. 2023 (A$23.44 Mil) to Dec. 2023 (A$16.46 Mil).
Patriot Lithium's annual market cap
stayed the same
from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.00 Mil) but then
increased
from Jun. 2022 (A$0.00 Mil) to Jun. 2023 (A$23.44 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. Patriot Lithium's Enterprise Value for Today is A$7.85 Mil.
Patriot Lithium Market Cap Historical Data
The historical data trend for Patriot Lithium'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.
Patriot Lithium Market Cap Chart
Patriot Lithium Annual Data
Trend
Jun22
Jun23
Market Cap
-
23.44
Patriot Lithium Semi-Annual Data
Dec22
Jun23
Dec23
Market Cap
22.80
23.44
16.46
Competitive Comparison of Patriot Lithium's Market Cap
For the Other Industrial Metals & Mining subindustry, Patriot Lithium'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.
Patriot Lithium's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Patriot Lithium's Market Cap distribution charts can be found below:
* The bar in red indicates where Patriot Lithium's Market Cap falls into.
Patriot Lithium 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.
Patriot Lithium'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.
Patriot Lithium (ASX:PAT) 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.
Patriot Lithium Market Cap Related Terms
Thank you for viewing the detailed overview of Patriot Lithium's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Patriot Lithium Ltd is focused on acquiring, exploring and developing lithium projects in South Dakota, Wyoming and Arizona in the United States of America. The company has three project areas, namely the Keystone Project comprising of 255 unpatented lode mining claims, the Tinton West Project comprising the TSD Claim Group of 20 unpatented lode mining claims and the TW Claim Group of 49 unpatented lode mining claims, and the Wickenburg Project comprising of 347 unpatented lode mining claims. The company is also engaged in the Ontario Lithium project.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:PAT has been successfully added to your