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Tornado Global Hydrovacs (TSXV:TGH) Market Cap : C$129.1 Mil (As of May. 16, 2024)


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What is Tornado Global Hydrovacs Market Cap?

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). Tornado Global Hydrovacs's share price for the quarter that ended in Dec. 2023 was C$0.5. Tornado Global Hydrovacs's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 135.9 Mil. Therefore, Tornado Global Hydrovacs's market cap for the quarter that ended in Dec. 2023 was C$67.9 Mil.

Tornado Global Hydrovacs's quarterly market cap declined from Jun. 2023 (C$69.3 Mil) to Sep. 2023 (C$67.9 Mil) but then stayed the same from Sep. 2023 (C$67.9 Mil) to Dec. 2023 (C$67.9 Mil).

Tornado Global Hydrovacs's annual market cap declined from Dec. 2021 (C$69.7 Mil) to Dec. 2022 (C$61.1 Mil) but then increased from Dec. 2022 (C$61.1 Mil) to Dec. 2023 (C$67.9 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. Tornado Global Hydrovacs's Enterprise Value for Today is C$132.6 Mil.


Tornado Global Hydrovacs Market Cap Historical Data

The historical data trend for Tornado Global Hydrovacs'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.

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Tornado Global Hydrovacs Market Cap Chart

Tornado Global Hydrovacs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only 24.09 24.09 69.74 61.14 67.94

Tornado Global Hydrovacs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.14 61.14 69.29 67.94 67.94

Competitive Comparison of Tornado Global Hydrovacs's Market Cap

For the Farm & Heavy Construction Machinery subindustry, Tornado Global Hydrovacs'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.


Tornado Global Hydrovacs's Market Cap Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tornado Global Hydrovacs's Market Cap distribution charts can be found below:

* The bar in red indicates where Tornado Global Hydrovacs's Market Cap falls into.



Tornado Global Hydrovacs 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.

Tornado Global Hydrovacs's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$0.5*135.871
=C$67.9

Tornado Global Hydrovacs's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=C$0.5*135.871
=C$67.9

* 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.


Tornado Global Hydrovacs  (TSXV:TGH) 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 company’s 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.


Tornado Global Hydrovacs Market Cap Related Terms

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Tornado Global Hydrovacs (TSXV:TGH) Business Description

Traded in Other Exchanges
Address
7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6
Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.
Executives
Alastair James Robertson Senior Officer