GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite Access Technologies Inc (OTCPK:LTCCF) » Definitions » Market Cap

Lite Access Technologies (Lite Access Technologies) Market Cap : $6.18 Mil (As of May. 02, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Lite Access Technologies Market Cap?

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). Lite Access Technologies's share price for the quarter that ended in Dec. 2023 was $0.0593. Lite Access Technologies's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 85.89 Mil. Therefore, Lite Access Technologies's market cap for the quarter that ended in Dec. 2023 was $5.09 Mil.

Lite Access Technologies's quarterly market cap stayed the same from Jun. 2023 ($5.09 Mil) to Sep. 2023 ($5.09 Mil) and stayed the same from Sep. 2023 ($5.09 Mil) to Dec. 2023 ($5.09 Mil).

Lite Access Technologies's annual market cap declined from Sep. 2021 ($8.21 Mil) to Sep. 2022 ($2.68 Mil) but then increased from Sep. 2022 ($2.68 Mil) to Sep. 2023 ($5.09 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. Lite Access Technologies's Enterprise Value for Today is $6.34 Mil.


Lite Access Technologies Market Cap Historical Data

The historical data trend for Lite Access Technologies'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.

* Premium members only.

Lite Access Technologies Market Cap Chart

Lite Access Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 36.69 8.21 2.68 5.09

Lite Access Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.45 3.70 5.09 5.09 5.09

Competitive Comparison of Lite Access Technologies's Market Cap

For the Communication Equipment subindustry, Lite Access Technologies'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.


Lite Access Technologies's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lite Access Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where Lite Access Technologies's Market Cap falls into.



Lite Access Technologies 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.

Lite Access Technologies's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )=Share Price (A: Sep. 2023 )*Shares Outstanding (EOP) (A: Sep. 2023 )
=$0.0593*85.8925
=$5.09

Lite Access Technologies's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$0.0593*85.8925
=$5.09

* 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.


Lite Access Technologies  (OTCPK:LTCCF) 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 company’s 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.


Lite Access Technologies Market Cap Related Terms

Thank you for viewing the detailed overview of Lite Access Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Lite Access Technologies (Lite Access Technologies) Business Description

Traded in Other Exchanges
N/A
Address
110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4
Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (Lite Access Technologies) Headlines