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Automotive Finco (Automotive Finco) Market Cap : $6.58 Mil (As of Jun. 23, 2024)


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What is Automotive Finco Market Cap?

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). Automotive Finco's share price for the quarter that ended in Mar. 2024 was $0.3039. Automotive Finco's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 19.82 Mil. Therefore, Automotive Finco's market cap for the quarter that ended in Mar. 2024 was $6.02 Mil.

Automotive Finco's quarterly market cap declined from Sep. 2023 ($20.74 Mil) to Dec. 2023 ($6.02 Mil) but then stayed the same from Dec. 2023 ($6.02 Mil) to Mar. 2024 ($6.02 Mil).

Automotive Finco's annual market cap declined from Dec. 2021 ($31.91 Mil) to Dec. 2022 ($31.05 Mil) and declined from Dec. 2022 ($31.05 Mil) to Dec. 2023 ($6.02 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. Automotive Finco's Enterprise Value for Today is $-8.78 Mil.


Automotive Finco Market Cap Historical Data

The historical data trend for Automotive Finco'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.

* Premium members only.

Automotive Finco Market Cap Chart

Automotive Finco Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.14 27.29 31.91 31.05 6.02

Automotive Finco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.74 20.74 20.74 6.02 6.02

Competitive Comparison of Automotive Finco's Market Cap

For the Credit Services subindustry, Automotive Finco'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.


Automotive Finco's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Automotive Finco's Market Cap distribution charts can be found below:

* The bar in red indicates where Automotive Finco's Market Cap falls into.



Automotive Finco 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.

Automotive Finco's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$0.3039*19.8194
=$6.02

Automotive Finco's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0.3039*19.8194
=$6.02

* 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.


Automotive Finco  (OTCPK:RMIAF) 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 company’s 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.


Automotive Finco Market Cap Related Terms

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Automotive Finco (Automotive Finco) Business Description

Traded in Other Exchanges
Address
Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.

Automotive Finco (Automotive Finco) Headlines