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). CKX Lands's share price for the quarter that ended in Dec. 2023 was $12.9637. CKX Lands's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1.99 Mil. Therefore, CKX Lands's market cap for the quarter that ended in Dec. 2023 was $25.82 Mil.
CKX Lands's quarterly market cap
increased
from Jun. 2023 ($19.72 Mil) to Sep. 2023 ($25.90 Mil) but then
declined
from Sep. 2023 ($25.90 Mil) to Dec. 2023 ($25.82 Mil).
CKX Lands's annual market cap
declined
from Dec. 2021 ($21.76 Mil) to Dec. 2022 ($19.65 Mil) but then
increased
from Dec. 2022 ($19.65 Mil) to Dec. 2023 ($25.82 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. CKX Lands's Enterprise Value for Today is $20.19 Mil.
CKX Lands Market Cap Historical Data
The historical data trend for CKX Lands'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.
For the Oil & Gas E&P subindustry, CKX Lands'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.
CKX Lands's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CKX Lands's Market Cap distribution charts can be found below:
* The bar in red indicates where CKX Lands's Market Cap falls into.
CKX Lands 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.
CKX Lands'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.
CKX Lands (AMEX:CKX) 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.
CKX Lands Market Cap Related Terms
Thank you for viewing the detailed overview of CKX Lands's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
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