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). Alkami Technology's share price for the quarter that ended in Mar. 2024 was $24.57. Alkami Technology's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 97.5 Mil. Therefore, Alkami Technology's market cap for the quarter that ended in Mar. 2024 was $2,396.0 Mil.
Alkami Technology's quarterly market cap
increased
from Sep. 2023 ($1,737.5 Mil) to Dec. 2023 ($2,345.5 Mil) and
increased
from Dec. 2023 ($2,345.5 Mil) to Mar. 2024 ($2,396.0 Mil).
Alkami Technology's annual market cap
declined
from Dec. 2021 ($1,804.5 Mil) to Dec. 2022 ($1,343.9 Mil) but then
increased
from Dec. 2022 ($1,343.9 Mil) to Dec. 2023 ($2,345.5 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. Alkami Technology's Enterprise Value for Today is $2,558.1 Mil.
Alkami Technology Market Cap Historical Data
The historical data trend for Alkami Technology'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 Alkami Technology's Market Cap
For the Software - Application subindustry, Alkami Technology'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.
Alkami Technology's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Alkami Technology's Market Cap distribution charts can be found below:
* The bar in red indicates where Alkami Technology's Market Cap falls into.
Alkami Technology 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.
Alkami Technology'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.
Alkami Technology (NAS:ALKT) 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.
Alkami Technology Market Cap Related Terms
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Alkami Technology (Alkami Technology) Business Description
Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.
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