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). Tan Delta Systems's share price for the quarter that ended in Dec. 2023 was £0.23. Tan Delta Systems's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 73.22 Mil. Therefore, Tan Delta Systems's market cap for the quarter that ended in Dec. 2023 was £16.84 Mil.
Tan Delta Systems's quarterly market cap
stayed the same
from Dec. 2022 (£0.00 Mil) to Jun. 2023 (£0.00 Mil) but then
increased
from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£16.84 Mil).
Tan Delta Systems's annual market cap
stayed the same
from Dec. 2021 (£0.00 Mil) to Dec. 2022 (£0.00 Mil) but then
increased
from Dec. 2022 (£0.00 Mil) to Dec. 2023 (£16.84 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. Tan Delta Systems's Enterprise Value for Today is £5.43 Mil.
Tan Delta Systems Market Cap Historical Data
The historical data trend for Tan Delta Systems'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 Tan Delta Systems's Market Cap
For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.
Tan Delta Systems's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tan Delta Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Tan Delta Systems's Market Cap falls into.
Tan Delta Systems 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.
Tan Delta Systems'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.
Tan Delta Systems (LSE:TAND) 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.
Tan Delta Systems Market Cap Related Terms
Thank you for viewing the detailed overview of Tan Delta Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.
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