Ludwig Enterprises (Ludwig Enterprises) Market Cap : $34.98 Mil (As of May. 22, 2024)

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What is Ludwig Enterprises 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). Ludwig Enterprises's share price for the quarter that ended in Dec. 2023 was $0.14. Ludwig Enterprises's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 155.47 Mil. Therefore, Ludwig Enterprises's market cap for the quarter that ended in Dec. 2023 was $21.77 Mil.

Ludwig Enterprises's quarterly market cap declined from Dec. 2022 ($88.25 Mil) to Sep. 2023 ($58.24 Mil) and declined from Sep. 2023 ($58.24 Mil) to Dec. 2023 ($21.77 Mil).

Ludwig Enterprises's annual market cap increased from . 20 ($0.00 Mil) to Dec. 2022 ($88.25 Mil) but then declined from Dec. 2022 ($88.25 Mil) to Dec. 2023 ($21.77 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. Ludwig Enterprises's Enterprise Value for Today is $36.25 Mil.

Ludwig Enterprises Market Cap Historical Data

The historical data trend for Ludwig Enterprises'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.

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Ludwig Enterprises Market Cap Chart

Ludwig Enterprises Annual Data

Trend

Dec22

Dec23

Market Cap

88.25

21.77

Ludwig Enterprises Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Market Cap	37.82	88.25	58.24	21.77

Competitive Comparison of Ludwig Enterprises's Market Cap

For the Medical Devices subindustry, Ludwig Enterprises'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.

Ludwig Enterprises's Market Cap Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ludwig Enterprises's Market Cap distribution charts can be found below:

* The bar in red indicates where Ludwig Enterprises's Market Cap falls into.

Ludwig Enterprises 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.

Ludwig Enterprises's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$0.14	*	155.465
	=	$21.77

Ludwig Enterprises'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 )
	=	$0.14	*	155.465
	=	$21.77

Ludwig Enterprises (OTCPK:LUDG) 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.

Ludwig Enterprises Market Cap Related Terms

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Ludwig Enterprises (Ludwig Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ludwig Enterprises Inc (OTCPK:LUDG) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

1749 VICTORIAN AVENUE, Suite C-350, Sparks, NV, USA, 89431

Website

https://www.ludwigent.com

Ludwig Enterprises Inc is a publicly traded Medical Technology Holding Company with Precision Genomics, Inc. and MyRNA for Life, Inc. as wholly owned subsidiaries. The company's advancements in medical technology and Artificial Intelligence (AI) have awarded it with cutting-edge genomic tools. These genomic tools have the potential to detect diseases early but also to customize treatments that may improve patient outcomes and, in some cases, even extend life. Ludwig is at the forefront of this new era with their proprietary mRNA genetic technology that has the potential to detect genetic biomarkers for inflammatory-driven diseases, including but not limited to heart disease, diabetes, preeclampsia, and cancer. It manages its business on the basis of one operating and reportable segment.