Solar Alliance Energy's quarterly market cap
declined
from Jun. 2023 (C$19.25 Mil) to Sep. 2023 (C$15.12 Mil) but then
stayed the same
from Sep. 2023 (C$15.12 Mil) to Dec. 2023 (C$15.12 Mil).
Solar Alliance Energy's annual market cap
declined
from Dec. 2021 (C$35.75 Mil) to Dec. 2022 (C$19.25 Mil) and
declined
from Dec. 2022 (C$19.25 Mil) to Dec. 2023 (C$15.12 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. Solar Alliance Energy's Enterprise Value for Today is C$14.56 Mil.
* 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 Solar Alliance Energy's Market Cap
For the Solar subindustry, Solar Alliance Energy'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.
Solar Alliance Energy's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Solar Alliance Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Solar Alliance Energy's Market Cap falls into.
Solar Alliance Energy 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.
Solar Alliance Energy'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.
Solar Alliance Energy (TSXV:SOLR) 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.
Solar Alliance Energy Market Cap Related Terms
Thank you for viewing the detailed overview of Solar Alliance Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Solar Alliance Energy (TSXV:SOLR) Business Description
Solar Alliance Energy Inc is an energy solutions provider focused on commercial, industrial, and residential solar installations. Its operating segments are Solar EPC and Solar generation from solar facilities. The company operates in two geographical markets - the United States and Canada. The United States contributes a majority of the total revenue.
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