Albert Labs International's quarterly market cap
increased
from Mar. 2023 (C$3.65 Mil) to Jun. 2023 (C$4.09 Mil) but then
declined
from Jun. 2023 (C$4.09 Mil) to Sep. 2023 (C$1.49 Mil).
Albert Labs International's annual market cap
stayed the same
from . 20 (C$0.00 Mil) to Dec. 2021 (C$0.00 Mil) but then
increased
from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$2.73 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. Albert Labs International's Enterprise Value for Today is C$0.75 Mil.
Albert Labs International Market Cap Historical Data
* 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 Albert Labs International's Market Cap
For the Biotechnology subindustry, Albert Labs International'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.
Albert Labs International's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Albert Labs International's Market Cap distribution charts can be found below:
* The bar in red indicates where Albert Labs International's Market Cap falls into.
Albert Labs International 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.
* 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.
Albert Labs International (XCNQ:ABRT) 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.
Albert Labs International Market Cap Related Terms
Thank you for viewing the detailed overview of Albert Labs International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Albert Labs International (XCNQ:ABRT) Business Description
Albert Labs International Corp is a laboratory-based, clinical research and drug development enterprise addressing mental health care needs. The company is focusing on Real World Evidence (RWE) the company will initially look to commercialize its mycelium-based KRN-101 medicine and treatment with the help of clinical pathway.
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