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). Gabelli Multimedia Trust's share price for the quarter that ended in Dec. 2023 was $5.67. Gabelli Multimedia Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 28.07 Mil. Therefore, Gabelli Multimedia Trust's market cap for the quarter that ended in Dec. 2023 was $159.18 Mil.
Gabelli Multimedia Trust's quarterly market cap
increased
from Dec. 2022 ($148.21 Mil) to Jun. 2023 ($183.40 Mil) but then
declined
from Jun. 2023 ($183.40 Mil) to Dec. 2023 ($159.18 Mil).
Gabelli Multimedia Trust's annual market cap
declined
from Dec. 2021 ($238.10 Mil) to Dec. 2022 ($148.21 Mil) but then
increased
from Dec. 2022 ($148.21 Mil) to Dec. 2023 ($159.18 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. Gabelli Multimedia Trust's Enterprise Value for Today is $151.63 Mil.
Gabelli Multimedia Trust Market Cap Historical Data
The historical data trend for Gabelli Multimedia Trust'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 Gabelli Multimedia Trust's Market Cap
For the Asset Management subindustry, Gabelli Multimedia Trust'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.
Gabelli Multimedia Trust's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gabelli Multimedia Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Gabelli Multimedia Trust's Market Cap falls into.
Gabelli Multimedia Trust 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.
Gabelli Multimedia Trust'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.
Gabelli Multimedia Trust (NYSE:GGT) 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.
Gabelli Multimedia Trust Market Cap Related Terms
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Gabelli Multimedia Trust (Gabelli Multimedia Trust) Business Description
Gabelli Multimedia Trust Inc is a non-diversified closed-end management investment company. Its investment objective is the long-term growth of capital. The fund invests at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries.
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