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). Intrepid Potash's share price for the quarter that ended in Sep. 2024 was $24. Intrepid Potash's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 12.9 Mil. Therefore, Intrepid Potash's market cap for the quarter that ended in Sep. 2024 was $309.8 Mil.
Intrepid Potash's quarterly market cap
increased
from Mar. 2024 ($268.6 Mil) to Jun. 2024 ($302.4 Mil) and
increased
from Jun. 2024 ($302.4 Mil) to Sep. 2024 ($309.8 Mil).
Intrepid Potash's annual market cap
declined
from Dec. 2021 ($561.9 Mil) to Dec. 2022 ($366.3 Mil) and
declined
from Dec. 2022 ($366.3 Mil) to Dec. 2023 ($306.0 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. Intrepid Potash's Enterprise Value for Today is $294.1 Mil.
Intrepid Potash Market Cap Historical Data
The historical data trend for Intrepid Potash'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 Intrepid Potash's Market Cap
For the Agricultural Inputs subindustry, Intrepid Potash'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.
Intrepid Potash's Market Cap Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Intrepid Potash's Market Cap distribution charts can be found below:
* The bar in red indicates where Intrepid Potash's Market Cap falls into.
Intrepid Potash 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.
Intrepid Potash'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.
Intrepid Potash (NYSE:IPI) 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.
Intrepid Potash Market Cap Related Terms
Thank you for viewing the detailed overview of Intrepid Potash's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
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