Virtus Convertible &ome Fund II's quarterly market cap
declined
from Aug. 2021 ($409.50 Mil) to Jul. 2022 ($260.32 Mil) and
declined
from Jul. 2022 ($260.32 Mil) to Jan. 2023 ($253.47 Mil).
Virtus Convertible &ome Fund II's annual market cap
declined
from Feb. 2021 ($381.34 Mil) to Jan. 2023 ($253.47 Mil) and
declined
from Jan. 2023 ($253.47 Mil) to Jan. 2024 ($219.21 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. Virtus Convertible &ome Fund II's Enterprise Value for Today is $338.19 Mil.
Virtus Convertible &ome Fund II Market Cap Historical Data
* 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 Virtus Convertible &ome Fund II's Market Cap
For the Asset Management subindustry, Virtus Convertible &ome Fund II'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.
Virtus Convertible &ome Fund II's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's Market Cap distribution charts can be found below:
* The bar in red indicates where Virtus Convertible &ome Fund II's Market Cap falls into.
Virtus Convertible &ome Fund II 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.
* 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.
Virtus Convertible &ome Fund II (NYSE:NCZ) 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.
Virtus Convertible &ome Fund II Market Cap Related Terms
Thank you for viewing the detailed overview of Virtus Convertible &ome Fund II's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Business Description
Virtus Convertible & Income Fund II is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in healthcare services, media, oil, gas and consumable fuels and others.
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