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). NuVasive's share price for the quarter that ended in Jun. 2023 was $41.59. NuVasive's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 52 Mil. Therefore, NuVasive's market cap for the quarter that ended in Jun. 2023 was $2,181 Mil.
NuVasive's quarterly market cap
increased
from Dec. 2022 ($2,150 Mil) to Mar. 2023 ($2,163 Mil) and
increased
from Mar. 2023 ($2,163 Mil) to Jun. 2023 ($2,181 Mil).
NuVasive's annual market cap
declined
from Dec. 2020 ($2,894 Mil) to Dec. 2021 ($2,717 Mil) and
declined
from Dec. 2021 ($2,717 Mil) to Dec. 2022 ($2,150 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. NuVasive's Enterprise Value for Today is $2,910 Mil.
NuVasive Market Cap Historical Data
The historical data trend for NuVasive'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 Medical Devices subindustry, NuVasive'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.
NuVasive's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NuVasive's Market Cap distribution charts can be found below:
* The bar in red indicates where NuVasive's Market Cap falls into.
NuVasive 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.
NuVasive's Market Cap for the fiscal year that ended in Dec. 2022 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.
NuVasive (NAS:NUVA) 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.
NuVasive Market Cap Related Terms
Thank you for viewing the detailed overview of NuVasive's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
NuVasive Inc is a medical technology company focused on developing, manufacturing, selling and providing procedural solutions for spine surgery, with a guiding purpose to transform surgery, advance care and change lives. The company has a portfolio of procedurally integrated spine surgery solutions, including surgical access instruments, spinal implants, fixation systems, biologics, and enabling technologies, as well as systems and services for intraoperative neuromonitoring. It also develop and sell magnetically adjustable implant systems for spine and specialized orthopedic procedures.
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