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). Kits Eyecare's share price for the quarter that ended in Dec. 2023 was C$6.24. Kits Eyecare's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 31.4 Mil. Therefore, Kits Eyecare's market cap for the quarter that ended in Dec. 2023 was C$196.2 Mil.
Kits Eyecare's quarterly market cap
increased
from Jun. 2023 (C$147.5 Mil) to Sep. 2023 (C$155.8 Mil) and
increased
from Sep. 2023 (C$155.8 Mil) to Dec. 2023 (C$196.2 Mil).
Kits Eyecare's annual market cap
declined
from Dec. 2021 (C$90.4 Mil) to Dec. 2022 (C$83.9 Mil) but then
increased
from Dec. 2022 (C$83.9 Mil) to Dec. 2023 (C$196.2 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. Kits Eyecare's Enterprise Value for Today is C$176.4 Mil.
Kits Eyecare Market Cap Historical Data
The historical data trend for Kits Eyecare'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 Kits Eyecare's Market Cap
For the Specialty Retail subindustry, Kits Eyecare'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.
Kits Eyecare's Market Cap Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kits Eyecare's Market Cap distribution charts can be found below:
* The bar in red indicates where Kits Eyecare's Market Cap falls into.
Kits Eyecare 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.
Kits Eyecare'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.
Kits Eyecare (TSX:KITS) 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.
Kits Eyecare Market Cap Related Terms
Thank you for viewing the detailed overview of Kits Eyecare's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Kits Eyecare Ltd is a vertically integrated, digitally native eyecare platform that offers its customers access to a vast selection of the highest quality contact lenses and eyeglasses, including its own exclusive KITS-designed products, and a suite of online vision tools. It operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. The company's contact lens partners include Alcon, Bausch & Lomb, CooperVision, and Johnson & Johnson, and its glasses partners include Gucci, Oakley, Prive Revaux, Ray-Ban, and Tom Ford, which enables it to offer its customers first class brands and products in eye care.
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