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Northern Ocean (Northern Ocean) Market Cap : $215.2 Mil (As of Jun. 21, 2024)


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What is Northern Ocean Market Cap?

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). Northern Ocean's share price for the quarter that ended in Mar. 2024 was $1.32. Northern Ocean's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 182.7 Mil. Therefore, Northern Ocean's market cap for the quarter that ended in Mar. 2024 was $241.1 Mil.

Northern Ocean's quarterly market cap stayed the same from Sep. 2023 ($241.1 Mil) to Dec. 2023 ($241.1 Mil) and stayed the same from Dec. 2023 ($241.1 Mil) to Mar. 2024 ($241.1 Mil).

Northern Ocean's annual market cap stayed the same from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.0 Mil) but then increased from Dec. 2022 ($0.0 Mil) to Dec. 2023 ($241.1 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. Northern Ocean's Enterprise Value for Today is $708.6 Mil.


Northern Ocean Market Cap Historical Data

The historical data trend for Northern Ocean'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.

* Premium members only.

Northern Ocean Market Cap Chart

Northern Ocean Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - - - 241.13

Northern Ocean Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 200.94 241.13 241.13 241.13

Competitive Comparison of Northern Ocean's Market Cap

For the Oil & Gas Drilling subindustry, Northern Ocean'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.


Northern Ocean's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Ocean's Market Cap distribution charts can be found below:

* The bar in red indicates where Northern Ocean's Market Cap falls into.



Northern Ocean 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.

Northern Ocean's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$1.32*182.677
=$241.1

Northern Ocean's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$1.32*182.677
=$241.1

* 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.


Northern Ocean  (OTCPK:NTNOF) 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 company’s 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.


Northern Ocean Market Cap Related Terms

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Northern Ocean (Northern Ocean) Business Description

Traded in Other Exchanges
Address
14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns one semi-submersible rig, Deepsea Mira; and one semi-submersible rig currently under construction, Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

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