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Goobit Group AB (FRA:9AI) Market Cap : €3.50 Mil (As of May. 21, 2024)


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What is Goobit Group AB Market Cap?

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). Goobit Group AB's share price for the quarter that ended in Jul. 2023 was €0.002334. Goobit Group AB's Shares Outstanding (EOP) for the quarter that ended in Jul. 2023 was 196.93 Mil. Therefore, Goobit Group AB's market cap for the quarter that ended in Jul. 2023 was €0.46 Mil.

Goobit Group AB's quarterly market cap increased from Jan. 2023 (€2.30 Mil) to Apr. 2023 (€3.72 Mil) but then declined from Apr. 2023 (€3.72 Mil) to Jul. 2023 (€0.46 Mil).

Goobit Group AB's annual market cap increased from Apr. 2021 (€0.00 Mil) to Apr. 2022 (€7.00 Mil) but then declined from Apr. 2022 (€7.00 Mil) to Apr. 2023 (€3.72 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. Goobit Group AB's Enterprise Value for Today is €3.13 Mil.


Goobit Group AB Market Cap Historical Data

The historical data trend for Goobit Group AB'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.

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Goobit Group AB Market Cap Chart

Goobit Group AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Market Cap
- - - 7.00 3.72

Goobit Group AB Quarterly Data
Apr19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.02 3.38 2.30 3.72 0.46

Competitive Comparison of Goobit Group AB's Market Cap

For the Financial Data & Stock Exchanges subindustry, Goobit Group AB'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.


Goobit Group AB's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Goobit Group AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Goobit Group AB's Market Cap falls into.



Goobit Group AB 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.

Goobit Group AB's Market Cap for the fiscal year that ended in Apr. 2023 is calculated as

Market Cap (A: Apr. 2023 )=Share Price (A: Apr. 2023 )*Shares Outstanding (EOP) (A: Apr. 2023 )
=€0.018891*196.933
=€3.72

Goobit Group AB's Market Cap for the quarter that ended in Jul. 2023 is calculated as

Market Cap (Q: Jul. 2023 )=Share Price (Q: Jul. 2023 )*Shares Outstanding (EOP) (Q: Jul. 2023 )
=€0.002334*196.933
=€0.46

* 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.


Goobit Group AB  (FRA:9AI) 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 company’s 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.


Goobit Group AB Market Cap Related Terms

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Goobit Group AB (FRA:9AI) Business Description

Traded in Other Exchanges
N/A
Address
Stora Nygatan 28, Stockholm, SWE, 111 27
Goobit Group AB is a crypto exchange company. It offers exchange services of Swedish kronor and euros to the digital currencies bitcoin and ether, and has so far exchanged over SEK 1.7 billion. The company's brands are BTCX Express and Standard BTCX.

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