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). Canadian Solar's share price for the quarter that ended in Sep. 2023 was $24.61. Canadian Solar's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 65 Mil. Therefore, Canadian Solar's market cap for the quarter that ended in Sep. 2023 was $1,591 Mil.
Canadian Solar's quarterly market cap
declined
from Mar. 2023 ($2,574 Mil) to Jun. 2023 ($2,501 Mil) and
declined
from Jun. 2023 ($2,501 Mil) to Sep. 2023 ($1,591 Mil).
Canadian Solar's annual market cap
declined
from Dec. 2020 ($3,065 Mil) to Dec. 2021 ($2,003 Mil) and
declined
from Dec. 2021 ($2,003 Mil) to Dec. 2022 ($1,993 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. Canadian Solar's Enterprise Value for Today is $3,551 Mil.
Canadian Solar Market Cap Historical Data
The historical data trend for Canadian Solar'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 Canadian Solar's Market Cap
For the Solar subindustry, Canadian Solar'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.
Canadian Solar's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Canadian Solar's Market Cap distribution charts can be found below:
* The bar in red indicates where Canadian Solar's Market Cap falls into.
Canadian Solar 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.
Canadian Solar'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.
Canadian Solar (NAS:CSIQ) 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.
Canadian Solar Market Cap Related Terms
Thank you for viewing the detailed overview of Canadian Solar's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Canadian Solar (Canadian Solar) Business Description
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.
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