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MSB (Mesabi Trust) Market Cap : $333.38 Mil (As of Dec. 13, 2024)


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What is Mesabi Trust 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). Mesabi Trust's share price for the quarter that ended in Jul. 2024 was $17.58. Mesabi Trust's Shares Outstanding (EOP) for the quarter that ended in Jul. 2024 was 13.12 Mil. Therefore, Mesabi Trust's market cap for the quarter that ended in Jul. 2024 was $230.65 Mil.

Mesabi Trust's quarterly market cap declined from Jan. 2024 ($255.97 Mil) to Apr. 2024 ($210.97 Mil) but then increased from Apr. 2024 ($210.97 Mil) to Jul. 2024 ($230.65 Mil).

Mesabi Trust's annual market cap declined from Jan. 2022 ($367.10 Mil) to Jan. 2023 ($302.15 Mil) and declined from Jan. 2023 ($302.15 Mil) to Jan. 2024 ($255.97 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. Mesabi Trust's Enterprise Value for Today is $323.69 Mil.


Mesabi Trust Market Cap Historical Data

The historical data trend for Mesabi Trust'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.

Mesabi Trust Market Cap Chart

Mesabi Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.78 326.56 367.10 302.15 255.97

Mesabi Trust Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 257.94 268.44 255.97 210.97 230.65

Competitive Comparison of Mesabi Trust's Market Cap

For the Steel subindustry, Mesabi Trust'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.


Mesabi Trust's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's Market Cap falls into.



Mesabi Trust 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.

Mesabi Trust's Market Cap for the fiscal year that ended in Jan. 2024 is calculated as

Market Cap (A: Jan. 2024 )=Share Price (A: Jan. 2024 )*Shares Outstanding (EOP) (A: Jan. 2024 )
=$19.51*13.12
=$255.97

Mesabi Trust's Market Cap for the quarter that ended in Jul. 2024 is calculated as

Market Cap (Q: Jul. 2024 )=Share Price (Q: Jul. 2024 )*Shares Outstanding (EOP) (Q: Jul. 2024 )
=$17.58*13.12
=$230.65

* 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.


Mesabi Trust  (NYSE:MSB) 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.


Mesabi Trust Market Cap Related Terms

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Mesabi Trust Business Description

Traded in Other Exchanges
N/A
Address
c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of the assets held. The company's principally wholly-owned segment is the iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range.
Executives
Robin M. Radke other: Trustee of Mesabi Trust C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar other: Trustee of Mesabi Trust 444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund other: Trustee P.O. BOX 351, CORONA NM 88318
James A Ehrenberg other: Trustee 295 KOPP DRIVE, WEST ST. PAUL MN 55118

Mesabi Trust Headlines

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