Destra Multi-Alternative Fund's quarterly market cap
increased
from Sep. 2023 ($53.60 Mil) to Mar. 2024 ($70.09 Mil) and
increased
from Mar. 2024 ($70.09 Mil) to Sep. 2024 ($77.71 Mil).
Destra Multi-Alternative Fund's annual market cap
declined
from Feb. 2022 ($70.18 Mil) to Mar. 2023 ($53.96 Mil) but then
increased
from Mar. 2023 ($53.96 Mil) to Mar. 2024 ($70.09 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. Destra Multi-Alternative Fund's Enterprise Value for Today is $92.22 Mil.
Destra Multi-Alternative Fund Market Cap Historical Data
* 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 Destra Multi-Alternative Fund's Market Cap
For the Asset Management subindustry, Destra Multi-Alternative Fund'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.
Destra Multi-Alternative Fund's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's Market Cap falls into.
Destra Multi-Alternative Fund 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.
* 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.
Destra Multi-Alternative Fund (NYSE:DMA) 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.
Destra Multi-Alternative Fund Market Cap Related Terms
Thank you for viewing the detailed overview of Destra Multi-Alternative Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Destra Multi-Alternative Fund Business Description
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income with an emphasis on income generation.
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