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). Motorsport Games's share price for the quarter that ended in Mar. 2024 was $2.11. Motorsport Games's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2.72 Mil. Therefore, Motorsport Games's market cap for the quarter that ended in Mar. 2024 was $5.74 Mil.
Motorsport Games's quarterly market cap
declined
from Sep. 2023 ($9.85 Mil) to Dec. 2023 ($8.41 Mil) and
declined
from Dec. 2023 ($8.41 Mil) to Mar. 2024 ($5.74 Mil).
Motorsport Games's annual market cap
declined
from Dec. 2021 ($39.56 Mil) to Dec. 2022 ($4.91 Mil) but then
increased
from Dec. 2022 ($4.91 Mil) to Dec. 2023 ($8.41 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. Motorsport Games's Enterprise Value for Today is $7.76 Mil.
Motorsport Games Market Cap Historical Data
The historical data trend for Motorsport Games'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 Motorsport Games's Market Cap
For the Electronic Gaming & Multimedia subindustry, Motorsport Games'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.
Motorsport Games's Market Cap Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Motorsport Games's Market Cap distribution charts can be found below:
* The bar in red indicates where Motorsport Games's Market Cap falls into.
Motorsport Games 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.
Motorsport Games'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.
Motorsport Games (NAS:MSGM) 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.
Motorsport Games Market Cap Related Terms
Thank you for viewing the detailed overview of Motorsport Games's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Motorsport Games (Motorsport Games) Business Description
Motorsport Games Inc is a motorsport network company that combines engaging video games with esports competitions and content for racing fans and gamers around the globe. The company has its reportable segments into the development and publishing of interactive racing video games, entertainment content and services and the organization and facilitation of esports tournaments, competitions, and events for the licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. Majority of the revenue is earned from Gaming.
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