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). Certive Solutions's share price for the quarter that ended in Feb. 2024 was C$0.03. Certive Solutions's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 169.15 Mil. Therefore, Certive Solutions's market cap for the quarter that ended in Feb. 2024 was C$5.07 Mil.
Certive Solutions's quarterly market cap
increased
from Aug. 2023 (C$2.54 Mil) to Nov. 2023 (C$3.38 Mil) and
increased
from Nov. 2023 (C$3.38 Mil) to Feb. 2024 (C$5.07 Mil).
Certive Solutions's annual market cap
increased
from May. 2021 (C$7.22 Mil) to May. 2022 (C$11.16 Mil) but then
declined
from May. 2022 (C$11.16 Mil) to May. 2023 (C$5.07 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. Certive Solutions's Enterprise Value for Today is C$12.38 Mil.
Certive Solutions Market Cap Historical Data
The historical data trend for Certive Solutions'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.
Competitive Comparison of Certive Solutions's Market Cap
For the Health Information Services subindustry, Certive Solutions'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.
Certive Solutions's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Market Cap distribution charts can be found below:
* The bar in red indicates where Certive Solutions's Market Cap falls into.
Certive Solutions 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.
Certive Solutions's Market Cap for the fiscal year that ended in May. 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.
Certive Solutions (XCNQ:CBP) 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.
Certive Solutions Market Cap Related Terms
Thank you for viewing the detailed overview of Certive Solutions's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.
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