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). GTT Communications's share price for the quarter that ended in Mar. 2020 was $7.95. GTT Communications's Shares Outstanding (EOP) for the quarter that ended in Mar. 2020 was 58 Mil. Therefore, GTT Communications's market cap for the quarter that ended in Mar. 2020 was $465 Mil.
GTT Communications's quarterly market cap
increased
from Sep. 2019 ($530 Mil) to Dec. 2019 ($643 Mil) but then
declined
from Dec. 2019 ($643 Mil) to Mar. 2020 ($465 Mil).
GTT Communications's annual market cap
declined
from Dec. 2017 ($2,091 Mil) to Dec. 2018 ($1,316 Mil) and
declined
from Dec. 2018 ($1,316 Mil) to Dec. 2019 ($643 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. GTT Communications's Enterprise Value for Today is $1 Mil.
GTT Communications Market Cap Historical Data
The historical data trend for GTT Communications'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 GTT Communications's Market Cap
For the Telecom Services subindustry, GTT Communications'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.
GTT Communications's Market Cap Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, GTT Communications's Market Cap distribution charts can be found below:
* The bar in red indicates where GTT Communications's Market Cap falls into.
GTT Communications 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.
GTT Communications's Market Cap for the fiscal year that ended in Dec. 2019 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.
GTT Communications (OTCPK:GTTNQ) 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.
GTT Communications Market Cap Related Terms
Thank you for viewing the detailed overview of GTT Communications's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
GTT Communications (GTT Communications) Business Description
GTT operates a global communications network, providing telecommunications services to large, multinational enterprises, carriers, and governments across five continents. Offerings include wide-area networks, Internet services (including Internet transit), voice, and other transport and infrastructure services. GTT's network consists primarily of leased assets over long-haul routes and connects in over 600 data centers worldwide. The firm uses other carriers for last-mile connections, and its model results in low capital spending needs. GTT relies heavily on acquisitions to expand its footprint. Customers primarily located in the United States account for about 40% of the firm's revenue, with most non-U.S. revenue coming from customers primarily in Europe.
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