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). iGen Networks's share price for the quarter that ended in Sep. 2023 was $0.0003. iGen Networks's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 2,800.19 Mil. Therefore, iGen Networks's market cap for the quarter that ended in Sep. 2023 was $0.84 Mil.
iGen Networks's quarterly market cap
declined
from Mar. 2023 ($2.44 Mil) to Jun. 2023 ($1.25 Mil) and
declined
from Jun. 2023 ($1.25 Mil) to Sep. 2023 ($0.84 Mil).
iGen Networks's annual market cap
increased
from Dec. 2020 ($7.75 Mil) to Dec. 2021 ($9.45 Mil) but then
declined
from Dec. 2021 ($9.45 Mil) to Dec. 2022 ($2.08 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. iGen Networks's Enterprise Value for Today is $1.62 Mil.
iGen Networks Market Cap Historical Data
The historical data trend for iGen Networks'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 iGen Networks's Market Cap
For the Software - Application subindustry, iGen Networks'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.
iGen Networks's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, iGen Networks's Market Cap distribution charts can be found below:
* The bar in red indicates where iGen Networks's Market Cap falls into.
iGen Networks 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.
iGen Networks's Market Cap for the fiscal year that ended in Dec. 2022 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.
iGen Networks (OTCPK:IGEN) 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.
iGen Networks Market Cap Related Terms
Thank you for viewing the detailed overview of iGen Networks's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
iGen Networks (iGen Networks) Business Description
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.
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