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). Axis Auto Finance's share price for the quarter that ended in Sep. 2024 was C$0.015. Axis Auto Finance's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 121.37 Mil. Therefore, Axis Auto Finance's market cap for the quarter that ended in Sep. 2024 was C$1.82 Mil.
Axis Auto Finance's quarterly market cap
declined
from Mar. 2024 (C$7.28 Mil) to Jun. 2024 (C$5.46 Mil) and
declined
from Jun. 2024 (C$5.46 Mil) to Sep. 2024 (C$1.82 Mil).
Axis Auto Finance's annual market cap
declined
from Jun. 2022 (C$61.46 Mil) to Jun. 2023 (C$19.94 Mil) and
declined
from Jun. 2023 (C$19.94 Mil) to Jun. 2024 (C$5.46 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. Axis Auto Finance's Enterprise Value for Today is C$85.76 Mil.
Axis Auto Finance Market Cap Historical Data
The historical data trend for Axis Auto Finance'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 Axis Auto Finance's Market Cap
For the Credit Services subindustry, Axis Auto Finance'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.
Axis Auto Finance's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Axis Auto Finance's Market Cap distribution charts can be found below:
* The bar in red indicates where Axis Auto Finance's Market Cap falls into.
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.
Axis Auto Finance's Market Cap for the fiscal year that ended in Jun. 2024 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.
Axis Auto Finance (TSX:AXIS) 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.
Axis Auto Finance Market Cap Related Terms
Thank you for viewing the detailed overview of Axis Auto Finance's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Axis Auto Finance Inc is a fintech company that is changing the way used vehicles are purchased and financed in Canada. The company's direct-to-consumer website, DriveAxis.ca, enables users to choose their next used vehicle, customize financing terms, and get the car delivered to homes. In addition, the company continues to grow business-to-business non-prime auto loan originations by delivering innovative technology solutions and superior service to its dealer partners. The company operates and reports in two separate segments: automotive lending and equipment financing.
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