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Raiz Invest (ASX:RZI) Market Cap : A$33.42 Mil (As of May. 16, 2024)


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What is Raiz Invest 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). Raiz Invest's share price for the quarter that ended in Dec. 2023 was A$0.4. Raiz Invest's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 93.45 Mil. Therefore, Raiz Invest's market cap for the quarter that ended in Dec. 2023 was A$37.38 Mil.

Raiz Invest's quarterly market cap declined from Dec. 2022 (A$38.31 Mil) to Jun. 2023 (A$29.44 Mil) but then increased from Jun. 2023 (A$29.44 Mil) to Dec. 2023 (A$37.38 Mil).

Raiz Invest's annual market cap declined from Jun. 2021 (A$125.40 Mil) to Jun. 2022 (A$60.74 Mil) and declined from Jun. 2022 (A$60.74 Mil) to Jun. 2023 (A$29.44 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. Raiz Invest's Enterprise Value for Today is A$24.15 Mil.


Raiz Invest Market Cap Historical Data

The historical data trend for Raiz Invest'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.

Raiz Invest Market Cap Chart

Raiz Invest Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial 33.12 42.72 125.40 60.74 29.44

Raiz Invest Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 165.87 60.74 38.31 29.44 37.38

Competitive Comparison of Raiz Invest's Market Cap

For the Capital Markets subindustry, Raiz Invest'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.


Raiz Invest's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Raiz Invest's Market Cap distribution charts can be found below:

* The bar in red indicates where Raiz Invest's Market Cap falls into.



Raiz Invest 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.

Raiz Invest'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$0.315*93.4455
=A$29.44

Raiz Invest'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$0.4*93.4455
=A$37.38

* 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.


Raiz Invest  (ASX:RZI) 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.


Raiz Invest Market Cap Related Terms

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Raiz Invest (ASX:RZI) Business Description

Traded in Other Exchanges
N/A
Address
2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000
Raiz Invest Ltd provides financial services and products through its mobile first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia, Indonesia, and Malaysia. The company's operating segment includes Raiz Invest Micro Investing Platform and Other Financial Services. It generates maximum revenue from the Raiz Invest Micro Investing Platform segment.

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