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). Cirrus Logic's share price for the quarter that ended in Dec. 2023 was $83.19. Cirrus Logic's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 54 Mil. Therefore, Cirrus Logic's market cap for the quarter that ended in Dec. 2023 was $4,486 Mil.
Cirrus Logic's quarterly market cap
declined
from Jun. 2023 ($4,429 Mil) to Sep. 2023 ($4,011 Mil) but then
increased
from Sep. 2023 ($4,011 Mil) to Dec. 2023 ($4,486 Mil).
Cirrus Logic's annual market cap
declined
from Mar. 2021 ($4,888 Mil) to Mar. 2022 ($4,799 Mil) but then
increased
from Mar. 2022 ($4,799 Mil) to Mar. 2023 ($6,027 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. Cirrus Logic's Enterprise Value for Today is $4,351 Mil.
Cirrus Logic Market Cap Historical Data
The historical data trend for Cirrus Logic'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 Cirrus Logic's Market Cap
For the Semiconductors subindustry, Cirrus Logic'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.
Cirrus Logic's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Cirrus Logic's Market Cap distribution charts can be found below:
* The bar in red indicates where Cirrus Logic's Market Cap falls into.
Cirrus Logic 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.
Cirrus Logic's Market Cap for the fiscal year that ended in Mar. 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.
Cirrus Logic (NAS:CRUS) 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.
Cirrus Logic Market Cap Related Terms
Thank you for viewing the detailed overview of Cirrus Logic's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.
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