Galileo Acquisition (Galileo Acquisition) Market Cap : $148.60 Mil (As of Apr. 28, 2024)

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What is Galileo 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). Galileo Acquisition's share price for the quarter that ended in Jun. 2021 was $10. Galileo Acquisition's Shares Outstanding (EOP) for the quarter that ended in Jun. 2021 was 17.40 Mil. Therefore, Galileo Acquisition's market cap for the quarter that ended in Jun. 2021 was $174.00 Mil.

Galileo Acquisition's quarterly market cap declined from Dec. 2020 ($177.48 Mil) to Mar. 2021 ($174.00 Mil) but then stayed the same from Mar. 2021 ($174.00 Mil) to Jun. 2021 ($174.00 Mil).

Galileo Acquisition's annual market cap increased from . 20 ($0.00 Mil) to Dec. 2019 ($170.52 Mil) and increased from Dec. 2019 ($170.52 Mil) to Dec. 2020 ($177.48 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. Galileo Acquisition's Enterprise Value for Today is $149.71 Mil.

Galileo Acquisition Market Cap Historical Data

The historical data trend for Galileo 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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Galileo Acquisition Market Cap Chart

Galileo Acquisition Annual Data

Trend

Dec19

Dec20

Market Cap

170.52

177.48

Galileo Acquisition Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Market Cap	Get a 7-Day Free Trial			172.43	172.26	177.48	174.00	174.00

Competitive Comparison of Galileo Acquisition's Market Cap

For the Shell Companies subindustry, Galileo 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.

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

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

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

Galileo 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.

Galileo Acquisition's Market Cap for the fiscal year that ended in Dec. 2020 is calculated as

Market Cap (A: Dec. 2020 )	=	Share Price (A: Dec. 2020 )	*	Shares Outstanding (EOP) (A: Dec. 2020 )
	=	$10.2	*	17.4
	=	$177.48

Galileo Acquisition's Market Cap for the quarter that ended in Jun. 2021 is calculated as

Market Cap (Q: Jun. 2021 )	=	Share Price (Q: Jun. 2021 )	*	Shares Outstanding (EOP) (Q: Jun. 2021 )
	=	$10	*	17.4
	=	$174.00

Galileo Acquisition (NYSE:GLEO) 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.

Galileo Acquisition Market Cap Related Terms

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Galileo Acquisition (Galileo Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Galileo Acquisition Corp (NYSE:GLEO) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

1049 Park Avenue, 14A, New York, NY, USA, 10028

Website

https://www.galileospac.com

Galileo Acquisition Corp operates as a blank check company. The firm is formed under the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.