High Arctic Energy Services's quarterly market cap
declined
from Sep. 2023 (€44.05 Mil) to Dec. 2023 (€34.88 Mil) but then
increased
from Dec. 2023 (€34.88 Mil) to Mar. 2024 (€35.12 Mil).
High Arctic Energy Services's annual market cap
increased
from Dec. 2021 (€47.27 Mil) to Dec. 2022 (€51.61 Mil) but then
declined
from Dec. 2022 (€51.61 Mil) to Dec. 2023 (€34.88 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. High Arctic Energy Services's Enterprise Value for Today is €13.67 Mil.
High Arctic Energy Services 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 High Arctic Energy Services's Market Cap
For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services'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.
High Arctic Energy Services's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's Market Cap distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's Market Cap falls into.
High Arctic Energy Services 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.
High Arctic Energy Services (FRA:6LQ) 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.
High Arctic Energy Services Market Cap Related Terms
Thank you for viewing the detailed overview of High Arctic Energy Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
High Arctic Energy Services (FRA:6LQ) Business Description
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.
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