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). Reef Casino Trust's share price for the quarter that ended in Jun. 2024 was A$3.06. Reef Casino Trust's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 49.06 Mil. Therefore, Reef Casino Trust's market cap for the quarter that ended in Jun. 2024 was A$150.13 Mil.
Reef Casino Trust's quarterly market cap
increased
from Jun. 2023 (A$152.09 Mil) to Dec. 2023 (A$160.36 Mil) but then
declined
from Dec. 2023 (A$160.36 Mil) to Jun. 2024 (A$150.13 Mil).
Reef Casino Trust's annual market cap
declined
from Dec. 2021 (A$155.38 Mil) to Dec. 2022 (A$151.40 Mil) but then
increased
from Dec. 2022 (A$151.40 Mil) to Dec. 2023 (A$160.36 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. Reef Casino Trust's Enterprise Value for Today is A$129.70 Mil.
Reef Casino Trust Market Cap Historical Data
The historical data trend for Reef Casino Trust'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 Reef Casino Trust's Market Cap
For the Resorts & Casinos subindustry, Reef Casino Trust'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.
Reef Casino Trust's Market Cap Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Reef Casino Trust's Market Cap falls into.
Reef Casino Trust 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.
Reef Casino Trust's Market Cap for the fiscal year that ended in Dec. 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.
Reef Casino Trust (ASX:RCT) 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.
Reef Casino Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Reef Casino Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Reef Casino Trust is engaged in the operation of the reef hotel-casino complex located in Cairns, Queensland, Australia. The company derives revenue from the casino which includes electronic gaming and table games, and the hotel which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations.
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