Tenth Avenue Petroleum's quarterly market cap
declined
from Mar. 2024 (C$4.79 Mil) to Jun. 2024 (C$4.39 Mil) but then
stayed the same
from Jun. 2024 (C$4.39 Mil) to Sep. 2024 (C$4.39 Mil).
Tenth Avenue Petroleum's annual market cap
increased
from Dec. 2021 (C$5.70 Mil) to Dec. 2022 (C$9.96 Mil) but then
declined
from Dec. 2022 (C$9.96 Mil) to Dec. 2023 (C$4.79 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. Tenth Avenue Petroleum's Enterprise Value for Today is C$4.36 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 Tenth Avenue Petroleum's Market Cap
For the Oil & Gas E&P subindustry, Tenth Avenue Petroleum'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.
Tenth Avenue Petroleum's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tenth Avenue Petroleum's Market Cap distribution charts can be found below:
* The bar in red indicates where Tenth Avenue Petroleum's Market Cap falls into.
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.
Tenth Avenue Petroleum'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.
Tenth Avenue Petroleum (TSXV:TPC) 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.
Tenth Avenue Petroleum Market Cap Related Terms
Thank you for viewing the detailed overview of Tenth Avenue Petroleum's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tenth Avenue Petroleum Corp is a junior oil and gas exploration, production and development company. It explores and develops petroleum and natural gas properties in Western Canada. The company generates its revenue from the sale of oil, natural gas and NGLs. Its property comprises oil and natural gas assets and water-well assets.
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