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). Enova International's share price for the quarter that ended in Mar. 2024 was $62.83. Enova International's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 27 Mil. Therefore, Enova International's market cap for the quarter that ended in Mar. 2024 was $1,718 Mil.
Enova International's quarterly market cap
increased
from Sep. 2023 ($1,539 Mil) to Dec. 2023 ($1,610 Mil) and
increased
from Dec. 2023 ($1,610 Mil) to Mar. 2024 ($1,718 Mil).
Enova International's annual market cap
declined
from Dec. 2021 ($1,399 Mil) to Dec. 2022 ($1,198 Mil) but then
increased
from Dec. 2022 ($1,198 Mil) to Dec. 2023 ($1,610 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. Enova International's Enterprise Value for Today is $4,704 Mil.
Enova International Market Cap Historical Data
The historical data trend for Enova International'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 Enova International's Market Cap
For the Credit Services subindustry, Enova International'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.
Enova International's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Enova International's Market Cap distribution charts can be found below:
* The bar in red indicates where Enova International's Market Cap falls into.
Enova International 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.
Enova International'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.
Enova International (NYSE:ENVA) 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.
Enova International Market Cap Related Terms
Thank you for viewing the detailed overview of Enova International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Enova International (Enova International) Business Description
Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.
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