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). Radius Recycling's share price for the quarter that ended in Feb. 2024 was $19.76. Radius Recycling's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 28 Mil. Therefore, Radius Recycling's market cap for the quarter that ended in Feb. 2024 was $553 Mil.
Radius Recycling's quarterly market cap
declined
from Aug. 2023 ($913 Mil) to Nov. 2023 ($714 Mil) and
declined
from Nov. 2023 ($714 Mil) to Feb. 2024 ($553 Mil).
Radius Recycling's annual market cap
declined
from Aug. 2021 ($1,303 Mil) to Aug. 2022 ($890 Mil) but then
increased
from Aug. 2022 ($890 Mil) to Aug. 2023 ($913 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. Radius Recycling's Enterprise Value for Today is $1,022 Mil.
Radius Recycling Market Cap Historical Data
The historical data trend for Radius Recycling'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 Radius Recycling's Market Cap
For the Steel subindustry, Radius Recycling'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.
Radius Recycling's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Radius Recycling's Market Cap distribution charts can be found below:
* The bar in red indicates where Radius Recycling's Market Cap falls into.
Radius Recycling 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.
Radius Recycling's Market Cap for the fiscal year that ended in Aug. 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.
Radius Recycling (NAS:RDUS) 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.
Radius Recycling Market Cap Related Terms
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Radius Recycling (Radius Recycling) Business Description
Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.
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