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). The Joint's share price for the quarter that ended in Dec. 2023 was $9.61. The Joint's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 14.8 Mil. Therefore, The Joint's market cap for the quarter that ended in Dec. 2023 was $141.8 Mil.
The Joint's quarterly market cap
declined
from Jun. 2023 ($199.0 Mil) to Sep. 2023 ($132.6 Mil) but then
increased
from Sep. 2023 ($132.6 Mil) to Dec. 2023 ($141.8 Mil).
The Joint's annual market cap
declined
from Dec. 2021 ($947.2 Mil) to Dec. 2022 ($203.1 Mil) and
declined
from Dec. 2022 ($203.1 Mil) to Dec. 2023 ($141.8 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. The Joint's Enterprise Value for Today is $181.2 Mil.
The Joint Market Cap Historical Data
The historical data trend for The Joint'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 Medical Care Facilities subindustry, The Joint'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.
The Joint's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, The Joint's Market Cap distribution charts can be found below:
* The bar in red indicates where The Joint's Market Cap falls into.
The Joint 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.
The Joint'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.
The Joint (NAS:JYNT) 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.
The Joint Market Cap Related Terms
Thank you for viewing the detailed overview of The Joint's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
The Joint Corp develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and the sale of regional developer rights throughout the United States. The doctors of chiropractic develop personalized treatment plans to relieve patients' pain and deliver ongoing preventative care. The Company has two operating business segments; the Corporate Clinics segment is comprised of the operating activities of the company-owned or managed clinics, and The Franchise Operations segment is comprised of the operating activities of the franchise business unit. The company generates maximum revenue from the Corporate clinic's segment.
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