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). Electric Royalties's share price for the quarter that ended in Jun. 2024 was C$0.21. Electric Royalties's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 101.61 Mil. Therefore, Electric Royalties's market cap for the quarter that ended in Jun. 2024 was C$21.34 Mil.
Electric Royalties's quarterly market cap
declined
from Dec. 2023 (C$23.67 Mil) to Mar. 2024 (C$19.32 Mil) but then
increased
from Mar. 2024 (C$19.32 Mil) to Jun. 2024 (C$21.34 Mil).
Electric Royalties's annual market cap
declined
from Dec. 2021 (C$28.91 Mil) to Dec. 2022 (C$26.21 Mil) and
declined
from Dec. 2022 (C$26.21 Mil) to Dec. 2023 (C$23.67 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. Electric Royalties's Enterprise Value for Today is C$26.00 Mil.
Electric Royalties Market Cap Historical Data
The historical data trend for Electric Royalties'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 Electric Royalties's Market Cap
For the Other Industrial Metals & Mining subindustry, Electric Royalties'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.
Electric Royalties's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Electric Royalties's Market Cap distribution charts can be found below:
* The bar in red indicates where Electric Royalties's Market Cap falls into.
Electric Royalties 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.
Electric Royalties'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.
Electric Royalties (TSXV:ELEC) 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.
Electric Royalties Market Cap Related Terms
Thank you for viewing the detailed overview of Electric Royalties's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities such as lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper that will benefit from the drive toward electrification of a variety of consumer products such as cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications. The Company's mineral royalty interests and deferred transaction costs, and investment in an associate are located in the following locations: Canada, United States of America, Southern Hemisphere, Norway and Others.
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