Redwood Monthlyome Fund's quarterly market cap
increased
from Dec. 2016 (C$160.20 Mil) to Jun. 2017 (C$160.83 Mil) but then
declined
from Jun. 2017 (C$160.83 Mil) to Dec. 2017 (C$126.95 Mil).
Redwood Monthlyome Fund's annual market cap
declined
from Dec. 2015 (C$194.68 Mil) to Dec. 2016 (C$160.20 Mil) and
declined
from Dec. 2016 (C$160.20 Mil) to Dec. 2017 (C$126.95 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. Redwood Monthlyome Fund's Enterprise Value for Today is C$124.00 Mil.
Redwood Monthlyome Fund Market Cap Historical Data
* 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 Redwood Monthlyome Fund's Market Cap
For the Asset Management subindustry, Redwood Monthlyome Fund'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.
Redwood Monthlyome Fund's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Redwood Monthlyome Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Redwood Monthlyome Fund's Market Cap falls into.
Redwood Monthlyome Fund 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.
Redwood Monthlyome Fund's Market Cap for the fiscal year that ended in Dec. 2017 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.
Redwood Monthlyome Fund (TSX:VIP.UN) 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.
Redwood Monthlyome Fund Market Cap Related Terms
Thank you for viewing the detailed overview of Redwood Monthlyome Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Redwood Monthlyome Fund (TSX:VIP.UN) Business Description
Redwood Monthly Income Fund is a balanced mutual fund. The company provides a high level of income through receipt of monthly distributions. The company invests in a diversified portfolio of high-income investments. The company also invests in dividend-paying equity securities, as well as fixed income securities.
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