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GC Rieber Shipping ASA (LTS:0FTH) Market Cap : kr683.56 Mil (As of Jun. 14, 2024)


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What is GC Rieber Shipping ASA 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). GC Rieber Shipping ASA's share price for the quarter that ended in Sep. 2023 was kr9.64671. GC Rieber Shipping ASA's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 81.09 Mil. Therefore, GC Rieber Shipping ASA's market cap for the quarter that ended in Sep. 2023 was kr782.23 Mil.

GC Rieber Shipping ASA's quarterly market cap declined from Dec. 2022 (kr830.46 Mil) to Jun. 2023 (kr782.35 Mil) and declined from Jun. 2023 (kr782.35 Mil) to Sep. 2023 (kr782.23 Mil).

GC Rieber Shipping ASA's annual market cap increased from Dec. 2020 (kr829.93 Mil) to Dec. 2021 (kr830.46 Mil) but then stayed the same from Dec. 2021 (kr830.46 Mil) to Dec. 2022 (kr830.46 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. GC Rieber Shipping ASA's Enterprise Value for Today is kr267.48 Mil.


GC Rieber Shipping ASA Market Cap Historical Data

The historical data trend for GC Rieber Shipping ASA'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.

GC Rieber Shipping ASA Market Cap Chart

GC Rieber Shipping ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 829.93 829.93 829.93 830.46 830.46

GC Rieber Shipping ASA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
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 830.58 830.46 830.46 782.35 782.23

Competitive Comparison of GC Rieber Shipping ASA's Market Cap

For the Marine Shipping subindustry, GC Rieber Shipping ASA'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.


GC Rieber Shipping ASA's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GC Rieber Shipping ASA's Market Cap distribution charts can be found below:

* The bar in red indicates where GC Rieber Shipping ASA's Market Cap falls into.



GC Rieber Shipping ASA 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.

GC Rieber Shipping ASA's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=kr9.64671*86.0873
=kr830.46

GC Rieber Shipping ASA's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=kr9.64671*81.0873
=kr782.23

* 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.


GC Rieber Shipping ASA  (LTS:0FTH) 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.


GC Rieber Shipping ASA Market Cap Related Terms

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GC Rieber Shipping ASA (LTS:0FTH) Business Description

Traded in Other Exchanges
N/A
Address
Solheimsgaten 15, Bergen, NOR, 5058
GC Rieber Shipping ASA is a Norwegian offshore shipping company. The business activities of the company include ownership of specialized vessels, marine ship management, project development, and industrial portfolio management within the segments of offshore subsea, ice research, and support. The company's operating segments are Ice/ Support, Marine Seismic and Subsea. It is a shipowner and project house with a focus on developing profitable and sustainable maritime projects. The company operates in Norway, Germany, Africa, Great Britain, the USA, and other European countries, the majority is derived from Other European countries.

GC Rieber Shipping ASA (LTS:0FTH) Headlines

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