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). Surface Oncology's share price for the quarter that ended in Jun. 2023 was $0.8696. Surface Oncology's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 60.73 Mil. Therefore, Surface Oncology's market cap for the quarter that ended in Jun. 2023 was $52.81 Mil.
Surface Oncology's quarterly market cap
declined
from Dec. 2022 ($49.67 Mil) to Mar. 2023 ($42.43 Mil) but then
increased
from Mar. 2023 ($42.43 Mil) to Jun. 2023 ($52.81 Mil).
Surface Oncology's annual market cap
declined
from Dec. 2020 ($376.13 Mil) to Dec. 2021 ($224.46 Mil) and
declined
from Dec. 2021 ($224.46 Mil) to Dec. 2022 ($49.67 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. Surface Oncology's Enterprise Value for Today is $18.31 Mil.
Surface Oncology Market Cap Historical Data
The historical data trend for Surface Oncology'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 Surface Oncology's Market Cap
For the Biotechnology subindustry, Surface Oncology'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.
Surface Oncology's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Surface Oncology's Market Cap distribution charts can be found below:
* The bar in red indicates where Surface Oncology's Market Cap falls into.
Surface Oncology 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.
Surface Oncology's Market Cap for the fiscal year that ended in Dec. 2022 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.
Surface Oncology (NAS:SURF) 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.
Surface Oncology Market Cap Related Terms
Thank you for viewing the detailed overview of Surface Oncology's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Surface Oncology (Surface Oncology) Business Description
Surface Oncology Inc is a clinical-stage immuno-oncology company. It is developing new therapies that modify the spaces in and around tumors in the tumor microenvironment to create conditions that support and sustain anti-tumor immune responses. The company's pipeline products are SRF231, SRF373, SRF617, and SRF388. Geographically, the activities are carried out throughout the region of the United States.
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