Caribbean Utilities Co's quarterly market cap
declined
from Jun. 2023 ($466.7 Mil) to Sep. 2023 ($442.1 Mil) and
declined
from Sep. 2023 ($442.1 Mil) to Dec. 2023 ($417.0 Mil).
Caribbean Utilities Co's annual market cap
declined
from Dec. 2021 ($564.3 Mil) to Dec. 2022 ($492.9 Mil) and
declined
from Dec. 2022 ($492.9 Mil) to Dec. 2023 ($417.0 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. Caribbean Utilities Co's Enterprise Value for Today is $925.0 Mil.
* 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 Caribbean Utilities Co's Market Cap
For the Utilities - Regulated Electric subindustry, Caribbean Utilities Co'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.
Caribbean Utilities Co's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Caribbean Utilities Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Caribbean Utilities Co's Market Cap falls into.
Caribbean Utilities Co 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.
Caribbean Utilities Co'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.
Caribbean Utilities Co (TSX:CUP.U) 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.
Caribbean Utilities Co Market Cap Related Terms
Thank you for viewing the detailed overview of Caribbean Utilities Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Caribbean Utilities Co (TSX:CUP.U) Business Description
Caribbean Utilities Co Ltd is the sole supplier of electricity on Grand Cayman with a total installed generating capacity of 166 MW, nine transformer substations, approximately 552 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company uses diesel generation to produce electricity for Grand Cayman.
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