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). Southgobi Resources's share price for the quarter that ended in Dec. 2023 was $0.2906. Southgobi Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 295.3 Mil. Therefore, Southgobi Resources's market cap for the quarter that ended in Dec. 2023 was $85.8 Mil.
Southgobi Resources's quarterly market cap
increased
from Jun. 2023 ($8.9 Mil) to Sep. 2023 ($23.6 Mil) and
increased
from Sep. 2023 ($23.6 Mil) to Dec. 2023 ($85.8 Mil).
Southgobi Resources's annual market cap
declined
from Dec. 2021 ($41.9 Mil) to Dec. 2022 ($28.9 Mil) but then
increased
from Dec. 2022 ($28.9 Mil) to Dec. 2023 ($85.8 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. Southgobi Resources's Enterprise Value for Today is $388.0 Mil.
Southgobi Resources Market Cap Historical Data
The historical data trend for Southgobi Resources'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 Southgobi Resources's Market Cap
For the Thermal Coal subindustry, Southgobi Resources'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.
Southgobi Resources's Market Cap Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Southgobi Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Southgobi Resources's Market Cap falls into.
Southgobi Resources 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.
Southgobi Resources'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.
Southgobi Resources (OTCPK:SGQRF) 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.
Southgobi Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Southgobi Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Southgobi Resources (Southgobi Resources) Business Description
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
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