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). QuantGate Systems's share price for the quarter that ended in Nov. 2023 was $0.07. QuantGate Systems's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 284.22 Mil. Therefore, QuantGate Systems's market cap for the quarter that ended in Nov. 2023 was $19.90 Mil.
QuantGate Systems's quarterly market cap
increased
from May. 2023 ($21.17 Mil) to Aug. 2023 ($55.14 Mil) but then
declined
from Aug. 2023 ($55.14 Mil) to Nov. 2023 ($19.90 Mil).
QuantGate Systems's annual market cap
increased
from May. 2021 ($16.95 Mil) to May. 2022 ($19.23 Mil) and
increased
from May. 2022 ($19.23 Mil) to May. 2023 ($21.17 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. QuantGate Systems's Enterprise Value for Today is $11.27 Mil.
QuantGate Systems Market Cap Historical Data
The historical data trend for QuantGate 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 QuantGate Systems's Market Cap
For the Software - Application subindustry, QuantGate 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.
QuantGate Systems's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, QuantGate Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where QuantGate Systems's Market Cap falls into.
QuantGate 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.
QuantGate Systems's Market Cap for the fiscal year that ended in May. 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.
QuantGate Systems (OTCPK:QGSI) 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.
QuantGate Systems Market Cap Related Terms
Thank you for viewing the detailed overview of QuantGate Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
QuantGate Systems (QuantGate Systems) Business Description
QuantGate Systems Inc is a Fintech company, developing Artificial Intelligence, Machine Learning and big-data processing algorithms and analytics to deliver SaaS solutions and seamless API integration. Pilot Trading is a wholly owned subsidiary of the company. Its core intelligence identifies investment opportunities across multiple asset classes, rooted in the financial markets, and for cryptocurrency exchanges, enabling valued clients to make better informed investment decisions. Turnkey solutions and efficient API's, founded on robust and scalable SaaS architecture, allow third party integration for onboarding existing users, and scaling globally.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
QGSI has been successfully added to your 