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). Borqs Technologies's share price for the quarter that ended in Jun. 2023 was $1.992. Borqs Technologies's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 14.62 Mil. Therefore, Borqs Technologies's market cap for the quarter that ended in Jun. 2023 was $29.11 Mil.
Borqs Technologies's quarterly market cap
declined
from Jun. 2022 ($31.15 Mil) to Dec. 2022 ($11.90 Mil) but then
increased
from Dec. 2022 ($11.90 Mil) to Jun. 2023 ($29.11 Mil).
Borqs Technologies's annual market cap
increased
from Dec. 2020 ($59.16 Mil) to Dec. 2021 ($60.39 Mil) but then
declined
from Dec. 2021 ($60.39 Mil) to Dec. 2022 ($11.90 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. Borqs Technologies's Enterprise Value for Today is $-4.84 Mil.
Borqs Technologies Market Cap Historical Data
The historical data trend for Borqs Technologies'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 Borqs Technologies's Market Cap
For the Software - Application subindustry, Borqs Technologies'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.
Borqs Technologies's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Borqs Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Borqs Technologies's Market Cap falls into.
Borqs Technologies 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.
Borqs Technologies's Market Cap for the fiscal year that ended in Dec. 2022 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.
Borqs Technologies (OTCPK:BRQSF) 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.
Borqs Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Borqs Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Borqs Technologies (Borqs Technologies) Business Description
Borqs Technologies Inc operates as a software development company. It is engaged in software, development services, and products providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The company's segment include Connected Solutions. Borqs derives most of its revenues from its Connected Solution which includes Software and Hardware. Its geographical segments include China, India, the United States, and the Rest of the World.
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