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). Castlight Health's share price for the quarter that ended in Sep. 2021 was $1.57. Castlight Health's Shares Outstanding (EOP) for the quarter that ended in Sep. 2021 was 162.1 Mil. Therefore, Castlight Health's market cap for the quarter that ended in Sep. 2021 was $254.5 Mil.
Castlight Health's quarterly market cap
increased
from Mar. 2021 ($238.5 Mil) to Jun. 2021 ($420.8 Mil) but then
declined
from Jun. 2021 ($420.8 Mil) to Sep. 2021 ($254.5 Mil).
Castlight Health's annual market cap
declined
from Dec. 2018 ($308.0 Mil) to Dec. 2019 ($197.1 Mil) but then
increased
from Dec. 2019 ($197.1 Mil) to Dec. 2020 ($202.5 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. Castlight Health's Enterprise Value for Today is $278.7 Mil.
Castlight Health Market Cap Historical Data
The historical data trend for Castlight Health'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 Castlight Health's Market Cap
For the Health Information Services subindustry, Castlight Health'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.
Castlight Health's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Castlight Health's Market Cap distribution charts can be found below:
* The bar in red indicates where Castlight Health's Market Cap falls into.
Castlight Health 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.
Castlight Health's Market Cap for the fiscal year that ended in Dec. 2020 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.
Castlight Health (NYSE:CSLT) 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.
Castlight Health Market Cap Related Terms
Thank you for viewing the detailed overview of Castlight Health's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Castlight Health (Castlight Health) Business Description
Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CSLT has been successfully added to your 