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). Norsk Titanium AS's share price for the quarter that ended in Jun. 2024 was $0.24195. Norsk Titanium AS's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 666.34 Mil. Therefore, Norsk Titanium AS's market cap for the quarter that ended in Jun. 2024 was $161.22 Mil.
Norsk Titanium AS's quarterly market cap
declined
from Jun. 2023 ($137.26 Mil) to Dec. 2023 ($113.81 Mil) but then
increased
from Dec. 2023 ($113.81 Mil) to Jun. 2024 ($161.22 Mil).
Norsk Titanium AS's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($78.04 Mil) and
increased
from Dec. 2022 ($78.04 Mil) to Dec. 2023 ($113.81 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. Norsk Titanium AS's Enterprise Value for Today is $122.20 Mil.
Norsk Titanium AS Market Cap Historical Data
The historical data trend for Norsk Titanium AS'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 Norsk Titanium AS's Market Cap
For the Aerospace & Defense subindustry, Norsk Titanium AS'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.
Norsk Titanium AS's Market Cap Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Market Cap distribution charts can be found below:
* The bar in red indicates where Norsk Titanium AS's Market Cap falls into.
Norsk Titanium AS 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.
Norsk Titanium AS'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.
Norsk Titanium AS (OTCPK:NORSF) 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.
Norsk Titanium AS Market Cap Related Terms
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Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.
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