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). Surge Components's share price for the quarter that ended in Feb. 2024 was $2.8. Surge Components's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 5.58 Mil. Therefore, Surge Components's market cap for the quarter that ended in Feb. 2024 was $15.62 Mil.
Surge Components's quarterly market cap
declined
from Aug. 2023 ($17.82 Mil) to Nov. 2023 ($14.28 Mil) but then
increased
from Nov. 2023 ($14.28 Mil) to Feb. 2024 ($15.62 Mil).
Surge Components's annual market cap
declined
from Nov. 2021 ($20.08 Mil) to Nov. 2022 ($17.69 Mil) and
declined
from Nov. 2022 ($17.69 Mil) to Nov. 2023 ($14.28 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. Surge Components's Enterprise Value for Today is $4.88 Mil.
Surge Components Market Cap Historical Data
The historical data trend for Surge Components'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 Surge Components's Market Cap
For the Electronics & Computer Distribution subindustry, Surge Components'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.
Surge Components's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Surge Components's Market Cap distribution charts can be found below:
* The bar in red indicates where Surge Components's Market Cap falls into.
Surge Components 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.
Surge Components's Market Cap for the fiscal year that ended in Nov. 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.
Surge Components (OTCPK:SPRS) 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.
Surge Components Market Cap Related Terms
Thank you for viewing the detailed overview of Surge Components's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Surge Components (Surge Components) Business Description
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
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