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). Teladoc Health's share price for the quarter that ended in Dec. 2023 was $21.55. Teladoc Health's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 167 Mil. Therefore, Teladoc Health's market cap for the quarter that ended in Dec. 2023 was $3,591 Mil.
Teladoc Health's quarterly market cap
declined
from Jun. 2023 ($4,175 Mil) to Sep. 2023 ($3,078 Mil) but then
increased
from Sep. 2023 ($3,078 Mil) to Dec. 2023 ($3,591 Mil).
Teladoc Health's annual market cap
declined
from Dec. 2021 ($14,734 Mil) to Dec. 2022 ($3,851 Mil) and
declined
from Dec. 2022 ($3,851 Mil) to Dec. 2023 ($3,591 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. Teladoc Health's Enterprise Value for Today is $2,726 Mil.
Teladoc Health Market Cap Historical Data
The historical data trend for Teladoc Health'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 Teladoc Health's Market Cap
For the Health Information Services subindustry, Teladoc Health'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.
Teladoc Health's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Market Cap distribution charts can be found below:
* The bar in red indicates where Teladoc Health's Market Cap falls into.
Teladoc Health 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.
Teladoc Health'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.
Teladoc Health (NYSE:TDOC) 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.
Teladoc Health Market Cap Related Terms
Thank you for viewing the detailed overview of Teladoc Health's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Teladoc Health (Teladoc Health) Business Description
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
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