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). Synchronoss Technologies's share price for the quarter that ended in Dec. 2023 was $6.21. Synchronoss Technologies's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 10.3 Mil. Therefore, Synchronoss Technologies's market cap for the quarter that ended in Dec. 2023 was $64.0 Mil.
Synchronoss Technologies's quarterly market cap
increased
from Jun. 2023 ($86.9 Mil) to Sep. 2023 ($89.6 Mil) but then
declined
from Sep. 2023 ($89.6 Mil) to Dec. 2023 ($64.0 Mil).
Synchronoss Technologies's annual market cap
declined
from Dec. 2021 ($215.5 Mil) to Dec. 2022 ($56.2 Mil) but then
increased
from Dec. 2022 ($56.2 Mil) to Dec. 2023 ($64.0 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. Synchronoss Technologies's Enterprise Value for Today is $266.8 Mil.
Synchronoss Technologies Market Cap Historical Data
The historical data trend for Synchronoss Technologies'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.
For the Software - Infrastructure subindustry, Synchronoss Technologies'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.
Synchronoss Technologies Market Cap Distribution
For the Software industry and Technology sector, Synchronoss Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Synchronoss Technologies's Market Cap falls into.
Synchronoss Technologies 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.
Synchronoss Technologies'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.
Synchronoss Technologies (NAS:SNCR) 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.
Synchronoss Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Synchronoss Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Synchronoss Technologies (Synchronoss Technologies) Business Description
Synchronoss Technologies Inc is a provider of cloud- and software-based activation solutions for mobile carriers, enterprises, retailers, and original equipment manufacturers. These solutions are delivered through the Activation Services, Synchronoss Personal Cloud, Enterprise, and Integrated Life platforms, which are scalable and available on-demand. The firm's solutions include activation and processing, cloud-based sync, backup, storage, and content engagement capabilities. The company derives revenue from subscriptions and transaction-based fees. A majority of the firm's revenue is generated in the United States, and the rest is from countries across the world.
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