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FutureTech II Acquisition (FutureTech II Acquisition) Market Cap : $65.29 Mil (As of May. 22, 2024)


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What is FutureTech II Acquisition 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). FutureTech II Acquisition's share price for the quarter that ended in Mar. 2024 was $11.12. FutureTech II Acquisition's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 5.83 Mil. Therefore, FutureTech II Acquisition's market cap for the quarter that ended in Mar. 2024 was $64.82 Mil.

FutureTech II Acquisition's quarterly market cap declined from Sep. 2023 ($99.04 Mil) to Dec. 2023 ($98.46 Mil) and declined from Dec. 2023 ($98.46 Mil) to Mar. 2024 ($64.82 Mil).

FutureTech II Acquisition's annual market cap increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($153.85 Mil) but then declined from Dec. 2022 ($153.85 Mil) to Dec. 2023 ($98.46 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. FutureTech II Acquisition's Enterprise Value for Today is $68.62 Mil.


FutureTech II Acquisition Market Cap Historical Data

The historical data trend for FutureTech II Acquisition'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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FutureTech II Acquisition Market Cap Chart

FutureTech II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
- 153.85 98.46

FutureTech II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 151.71 160.46 99.04 98.46 64.82

Competitive Comparison of FutureTech II Acquisition's Market Cap

For the Shell Companies subindustry, FutureTech II Acquisition'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.


FutureTech II Acquisition's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FutureTech II Acquisition's Market Cap distribution charts can be found below:

* The bar in red indicates where FutureTech II Acquisition's Market Cap falls into.



FutureTech II Acquisition 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.

FutureTech II Acquisition's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$10.86*9.06643
=$98.46

FutureTech II Acquisition's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$11.12*5.82951
=$64.82

* 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.


FutureTech II Acquisition  (NAS:FTII) 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.


FutureTech II Acquisition Market Cap Related Terms

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FutureTech II Acquisition (FutureTech II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
128 Gail Drive, New Rochelle, NY, USA, 10805
Website
FutureTech II Acquisition Corp is a blank check company.
Executives
Ray Lei Chen director, officer: Chief Executive Officer & CFO FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc 10 percent owner 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage director C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush director 1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi director 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang director, 10 percent owner, officer: Chief Executive Officer 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley director 1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall director, officer: Chief Financial Officer 42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480

FutureTech II Acquisition (FutureTech II Acquisition) Headlines