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). Biora Therapeutics's share price for the quarter that ended in Dec. 2023 was $1.35. Biora Therapeutics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 27.84 Mil. Therefore, Biora Therapeutics's market cap for the quarter that ended in Dec. 2023 was $37.58 Mil.
Biora Therapeutics's quarterly market cap
declined
from Jun. 2023 ($51.67 Mil) to Sep. 2023 ($50.80 Mil) and
declined
from Sep. 2023 ($50.80 Mil) to Dec. 2023 ($37.58 Mil).
Biora Therapeutics's annual market cap
declined
from Dec. 2021 ($380.11 Mil) to Dec. 2022 ($29.40 Mil) but then
increased
from Dec. 2022 ($29.40 Mil) to Dec. 2023 ($37.58 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. Biora Therapeutics's Enterprise Value for Today is $55.89 Mil.
Biora Therapeutics Market Cap Historical Data
The historical data trend for Biora Therapeutics'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 Biora Therapeutics's Market Cap
For the Biotechnology subindustry, Biora Therapeutics'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.
Biora Therapeutics's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Biora Therapeutics's Market Cap distribution charts can be found below:
* The bar in red indicates where Biora Therapeutics's Market Cap falls into.
Biora Therapeutics 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.
Biora Therapeutics'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.
Biora Therapeutics (NAS:BIOR) 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.
Biora Therapeutics Market Cap Related Terms
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Biora Therapeutics (Biora Therapeutics) Business Description
Biora Therapeutics Inc is a biotechnology company engaged in developing oral biotherapeutics. Its drug-device combinations could enable new treatment approaches in the delivery of therapeutics in two main areas: Targeted delivery of therapeutics to the site of disease in the gastrointestinal ("GI") tract, which is designed to improve outcomes for patients with Inflammatory Bowel Disease (IBD); and Systemic delivery of biotherapeutics, which are designed to replace injection with needle-free, oral delivery technology. Geographically, it operates only in the United States.
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