Sovereign Cloud Holdings's quarterly market cap
declined
from Dec. 2022 (A$24.61 Mil) to Jun. 2023 (A$18.67 Mil) but then
increased
from Jun. 2023 (A$18.67 Mil) to Dec. 2023 (A$24.10 Mil).
Sovereign Cloud Holdings's annual market cap
declined
from Jun. 2021 (A$64.18 Mil) to Jun. 2022 (A$41.58 Mil) and
declined
from Jun. 2022 (A$41.58 Mil) to Jun. 2023 (A$18.67 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. Sovereign Cloud Holdings's Enterprise Value for Today is A$45.39 Mil.
Sovereign Cloud Holdings Market Cap Historical Data
* 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 Sovereign Cloud Holdings's Market Cap
For the Software - Infrastructure subindustry, Sovereign Cloud Holdings'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.
Sovereign Cloud Holdings's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Sovereign Cloud Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Sovereign Cloud Holdings's Market Cap falls into.
Sovereign Cloud Holdings 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.
Sovereign Cloud Holdings'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.
Sovereign Cloud Holdings (ASX:SOV) 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.
Sovereign Cloud Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Sovereign Cloud Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sovereign Cloud Holdings (ASX:SOV) Business Description
Sovereign Cloud Holdings Ltd provides sovereign cloud services to Australian Governments and critical national industries. It has built a cloud-based platform, which is accredited by Government standards to PROTECTED controls or higher. The platform is available to rent computation cycles and data storage to customers on a pay-as-you-go basis, referred to as Infrastructure as a Service (IaaS).
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