Solstad Offshore ASA's quarterly market cap
declined
from Sep. 2023 ($124.3 Mil) to Dec. 2023 ($124.3 Mil) but then
stayed the same
from Dec. 2023 ($124.3 Mil) to Mar. 2024 ($124.3 Mil).
Solstad Offshore ASA's annual market cap
increased
from Dec. 2021 ($54.4 Mil) to Dec. 2022 ($116.7 Mil) and
increased
from Dec. 2022 ($116.7 Mil) to Dec. 2023 ($124.3 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. Solstad Offshore ASA's Enterprise Value for Today is $776.2 Mil.
Solstad Offshore ASA Market Cap Historical Data
The historical data trend for Solstad Offshore ASA'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 Solstad Offshore ASA's Market Cap
For the Marine Shipping subindustry, Solstad Offshore ASA'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.
Solstad Offshore ASA's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Solstad Offshore ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Solstad Offshore ASA's Market Cap falls into.
Solstad Offshore ASA 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.
Solstad Offshore ASA'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.
Solstad Offshore ASA (OTCPK:SLOFF) 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.
Solstad Offshore ASA Market Cap Related Terms
Thank you for viewing the detailed overview of Solstad Offshore ASA's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Solstad Offshore ASA (Solstad Offshore ASA) Business Description
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.
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