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). Thungela Resources's share price for the quarter that ended in Dec. 2023 was $8.6. Thungela Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 137 Mil. Therefore, Thungela Resources's market cap for the quarter that ended in Dec. 2023 was $1,177 Mil.
Thungela Resources's quarterly market cap
declined
from Dec. 2022 ($2,270 Mil) to Jun. 2023 ($1,027 Mil) but then
increased
from Jun. 2023 ($1,027 Mil) to Dec. 2023 ($1,177 Mil).
Thungela Resources's annual market cap
increased
from Dec. 2021 ($756 Mil) to Dec. 2022 ($2,270 Mil) but then
declined
from Dec. 2022 ($2,270 Mil) to Dec. 2023 ($1,177 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. Thungela Resources's Enterprise Value for Today is $343 Mil.
Thungela Resources Market Cap Historical Data
The historical data trend for Thungela 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 Thungela Resources's Market Cap
For the Thermal Coal subindustry, Thungela 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.
Thungela Resources's Market Cap Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Thungela Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Thungela Resources's Market Cap falls into.
Thungela 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.
Thungela 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.
Thungela Resources (OTCPK:TNGRF) 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.
Thungela Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Thungela Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Thungela Resources (Thungela Resources) Business Description
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal in South Africa. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TNGRF has been successfully added to your 