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). Diversified Royalty's share price for the quarter that ended in Dec. 2023 was $2.068. Diversified Royalty's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 143.87 Mil. Therefore, Diversified Royalty's market cap for the quarter that ended in Dec. 2023 was $297.53 Mil.
Diversified Royalty's quarterly market cap
declined
from Jun. 2023 ($305.75 Mil) to Sep. 2023 ($274.20 Mil) but then
increased
from Sep. 2023 ($274.20 Mil) to Dec. 2023 ($297.53 Mil).
Diversified Royalty's annual market cap
increased
from Dec. 2021 ($272.08 Mil) to Dec. 2022 ($309.43 Mil) but then
declined
from Dec. 2022 ($309.43 Mil) to Dec. 2023 ($297.53 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. Diversified Royalty's Enterprise Value for Today is $553.53 Mil.
Diversified Royalty Market Cap Historical Data
The historical data trend for Diversified Royalty'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 Diversified Royalty's Market Cap
For the Conglomerates subindustry, Diversified Royalty'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.
Diversified Royalty's Market Cap Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Diversified Royalty's Market Cap distribution charts can be found below:
* The bar in red indicates where Diversified Royalty's Market Cap falls into.
Diversified Royalty 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.
Diversified Royalty'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.
Diversified Royalty (OTCPK:BEVFF) 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.
Diversified Royalty Market Cap Related Terms
Thank you for viewing the detailed overview of Diversified Royalty's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Diversified Royalty (Diversified Royalty) Business Description
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
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