Veltex (Veltex) Market Cap : $11.74 Mil (As of May. 24, 2024)

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What is Veltex 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). Veltex's share price for the quarter that ended in Mar. 2024 was $0.155. Veltex's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 83.86 Mil. Therefore, Veltex's market cap for the quarter that ended in Mar. 2024 was $13.00 Mil.

Veltex's quarterly market cap increased from Jun. 2023 ($16.20 Mil) to Dec. 2023 ($16.52 Mil) but then declined from Dec. 2023 ($16.52 Mil) to Mar. 2024 ($13.00 Mil).

Veltex's annual market cap increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($32.22 Mil) but then declined from Dec. 2022 ($32.22 Mil) to Dec. 2023 ($16.52 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. Veltex's Enterprise Value for Today is $14.78 Mil.

Veltex Market Cap Historical Data

The historical data trend for Veltex'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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Veltex Market Cap Chart

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

Market Cap

32.22

16.52

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Market Cap	Get a 7-Day Free Trial			32.22	27.35	16.20	16.52	13.00

Competitive Comparison of Veltex's Market Cap

For the Medical Care Facilities subindustry, Veltex'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.

Veltex's Market Cap Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veltex's Market Cap distribution charts can be found below:

* The bar in red indicates where Veltex's Market Cap falls into.

Veltex 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.

Veltex'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 )
	=	$0.2008	*	82.276
	=	$16.52

Veltex's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )	=	Share Price (Q: Mar. 2024 )	*	Shares Outstanding (EOP) (Q: Mar. 2024 )
	=	$0.155	*	83.8559
	=	$13.00

Veltex (OTCPK:VLXC) 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.

Veltex Market Cap Related Terms

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Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.