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). Cue Health's share price for the quarter that ended in Dec. 2023 was $0.1625. Cue Health's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 155.31 Mil. Therefore, Cue Health's market cap for the quarter that ended in Dec. 2023 was $25.24 Mil.
Cue Health's quarterly market cap
increased
from Jun. 2023 ($56.33 Mil) to Sep. 2023 ($68.38 Mil) but then
declined
from Sep. 2023 ($68.38 Mil) to Dec. 2023 ($25.24 Mil).
Cue Health's annual market cap
declined
from Dec. 2021 ($1,963.26 Mil) to Dec. 2022 ($311.34 Mil) and
declined
from Dec. 2022 ($311.34 Mil) to Dec. 2023 ($25.24 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. Cue Health's Enterprise Value for Today is $4.08 Mil.
Cue Health Market Cap Historical Data
The historical data trend for Cue Health'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.
For the Health Information Services subindustry, Cue Health'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.
Cue Health's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Cue Health's Market Cap distribution charts can be found below:
* The bar in red indicates where Cue Health's Market Cap falls into.
Cue Health 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.
Cue Health's Market Cap for the fiscal year that ended in Dec. 2023 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.
Cue Health (OTCPK:HLTHQ) 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.
Cue Health Market Cap Related Terms
Thank you for viewing the detailed overview of Cue Health's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage their health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies, and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point of care, all in a device that fits in the palm of hand. Its Cue Integrated Care Platform consists of multiple hardware, software, and diagnostic components and has been engineered so that it can be directly integrated into existing workflows and on-demand services, such as telemedicine, e-Rx services, and EMR systems.
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