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). Ocean Thermal Energy's share price for the quarter that ended in Dec. 2023 was $0.01. Ocean Thermal Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 184.37 Mil. Therefore, Ocean Thermal Energy's market cap for the quarter that ended in Dec. 2023 was $1.84 Mil.
Ocean Thermal Energy's quarterly market cap
increased
from Jun. 2023 ($1.84 Mil) to Sep. 2023 ($2.58 Mil) but then
declined
from Sep. 2023 ($2.58 Mil) to Dec. 2023 ($1.84 Mil).
Ocean Thermal Energy's annual market cap
increased
from Dec. 2021 ($1.10 Mil) to Dec. 2022 ($1.75 Mil) and
increased
from Dec. 2022 ($1.75 Mil) to Dec. 2023 ($1.84 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. Ocean Thermal Energy's Enterprise Value for Today is $14.60 Mil.
Ocean Thermal Energy Market Cap Historical Data
The historical data trend for Ocean Thermal Energy'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 Ocean Thermal Energy's Market Cap
For the Utilities - Renewable subindustry, Ocean Thermal Energy'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.
Ocean Thermal Energy's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Thermal Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Ocean Thermal Energy's Market Cap falls into.
Ocean Thermal Energy 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.
Ocean Thermal Energy'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.
Ocean Thermal Energy (OTCPK:CPWR) 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.
Ocean Thermal Energy Market Cap Related Terms
Thank you for viewing the detailed overview of Ocean Thermal Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ocean Thermal Energy (Ocean Thermal Energy) Business Description
Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.
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