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). NEXE Innovations's share price for the quarter that ended in Nov. 2023 was C$0.25. NEXE Innovations's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 97.29 Mil. Therefore, NEXE Innovations's market cap for the quarter that ended in Nov. 2023 was C$24.32 Mil.
NEXE Innovations's quarterly market cap
declined
from May. 2023 (C$40.86 Mil) to Aug. 2023 (C$34.54 Mil) and
declined
from Aug. 2023 (C$34.54 Mil) to Nov. 2023 (C$24.32 Mil).
NEXE Innovations's annual market cap
declined
from May. 2021 (C$135.28 Mil) to May. 2022 (C$34.87 Mil) but then
increased
from May. 2022 (C$34.87 Mil) to May. 2023 (C$40.86 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. NEXE Innovations's Enterprise Value for Today is C$16.76 Mil.
NEXE Innovations Market Cap Historical Data
The historical data trend for NEXE Innovations'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 NEXE Innovations's Market Cap
For the Packaging & Containers subindustry, NEXE Innovations'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.
NEXE Innovations's Market Cap Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, NEXE Innovations's Market Cap distribution charts can be found below:
* The bar in red indicates where NEXE Innovations's Market Cap falls into.
NEXE Innovations 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.
NEXE Innovations's Market Cap for the fiscal year that ended in May. 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.
NEXE Innovations (TSXV:NEXE) 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.
NEXE Innovations Market Cap Related Terms
Thank you for viewing the detailed overview of NEXE Innovations's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing based in British Columbia, Canada. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. The NEXE Pod is fully compostable, single-use pod will offer the market an environmentally friendly alternative to the over billions of plastic and aluminum pod market.
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