Magnetic North Acquisition's quarterly market cap
declined
from Mar. 2023 (C$2.66 Mil) to Jun. 2023 (C$1.77 Mil) but then
stayed the same
from Jun. 2023 (C$1.77 Mil) to Sep. 2023 (C$1.77 Mil).
Magnetic North Acquisition's annual market cap
declined
from Sep. 2020 (C$49.60 Mil) to Dec. 2021 (C$11.23 Mil) and
declined
from Dec. 2021 (C$11.23 Mil) to Dec. 2022 (C$1.48 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. Magnetic North Acquisition's Enterprise Value for Today is C$5.46 Mil.
Magnetic North Acquisition 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 Magnetic North Acquisition's Market Cap
For the Capital Markets subindustry, Magnetic North Acquisition'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.
Magnetic North Acquisition's Market Cap Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Magnetic North Acquisition's Market Cap distribution charts can be found below:
* The bar in red indicates where Magnetic North Acquisition's Market Cap falls into.
Magnetic North Acquisition 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.
* 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.
Magnetic North Acquisition (TSXV:MNC) 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.
Magnetic North Acquisition Market Cap Related Terms
Thank you for viewing the detailed overview of Magnetic North Acquisition's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Magnetic North Acquisition (TSXV:MNC) Business Description
Magnetic North Acquisition Corp operates as a merchant bank providing capital, management and board representation to small to mid-capitalization private companies. Its industry focus for investments include clean power technology, special situations, and consumer products, oilfield services, manufacturing and technology inclusive of software and hardware. The company is focused on creating shareholder value by providing strategic and financial advice and services to companies.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSXV:MNC has been successfully added to your 