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). Core Scientific's share price for the quarter that ended in Mar. 2024 was $0. Core Scientific's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 386.0 Mil. Therefore, Core Scientific's market cap for the quarter that ended in Mar. 2024 was $0.0 Mil.
Core Scientific's quarterly market cap
increased
from Sep. 2023 ($276.4 Mil) to Dec. 2023 ($559.8 Mil) but then
declined
from Dec. 2023 ($559.8 Mil) to Mar. 2024 ($0.0 Mil).
Core Scientific's annual market cap
increased
from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($28.2 Mil) and
increased
from Dec. 2022 ($28.2 Mil) to Dec. 2023 ($559.8 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. Core Scientific's Enterprise Value for Today is $1,166.3 Mil.
Core Scientific Market Cap Historical Data
The historical data trend for Core Scientific'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 Core Scientific's Market Cap
For the Software - Infrastructure subindustry, Core Scientific'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.
Core Scientific's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Core Scientific's Market Cap distribution charts can be found below:
* The bar in red indicates where Core Scientific's Market Cap falls into.
Core Scientific 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.
Core Scientific'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.
Core Scientific (OTCPK:CORZQ) 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.
Core Scientific Market Cap Related Terms
Thank you for viewing the detailed overview of Core Scientific's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Core Scientific (Core Scientific) Business Description
Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.
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