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). POSaBIT Systems's share price for the quarter that ended in Sep. 2023 was $0.555. POSaBIT Systems's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 150.02 Mil. Therefore, POSaBIT Systems's market cap for the quarter that ended in Sep. 2023 was $83.26 Mil.
POSaBIT Systems's quarterly market cap
declined
from Mar. 2023 ($120.20 Mil) to Jun. 2023 ($86.87 Mil) and
declined
from Jun. 2023 ($86.87 Mil) to Sep. 2023 ($83.26 Mil).
POSaBIT Systems's annual market cap
increased
from Dec. 2020 ($12.58 Mil) to Dec. 2021 ($175.30 Mil) but then
declined
from Dec. 2021 ($175.30 Mil) to Dec. 2022 ($102.76 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. POSaBIT Systems's Enterprise Value for Today is $21.43 Mil.
POSaBIT Systems Market Cap Historical Data
The historical data trend for POSaBIT Systems'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 POSaBIT Systems's Market Cap
For the Information Technology Services subindustry, POSaBIT Systems'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.
POSaBIT Systems's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, POSaBIT Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where POSaBIT Systems's Market Cap falls into.
POSaBIT Systems 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.
POSaBIT Systems'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.
POSaBIT Systems (OTCPK:POSAF) 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.
POSaBIT Systems Market Cap Related Terms
Thank you for viewing the detailed overview of POSaBIT Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
POSaBIT Systems (POSaBIT Systems) Business Description
POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The majority of its revenue comes from Payment Services, which generates revenues via setup costs, hardware costs, transaction fees, and convenience fees. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.
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