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Glow LifeTech (XCNQ:GLOW) Market Cap : C$2.45 Mil (As of May. 21, 2024)


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What is Glow LifeTech 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). Glow LifeTech's share price for the quarter that ended in Sep. 2023 was C$0.065. Glow LifeTech's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 57.11 Mil. Therefore, Glow LifeTech's market cap for the quarter that ended in Sep. 2023 was C$3.71 Mil.

Glow LifeTech's quarterly market cap declined from Mar. 2023 (C$4.28 Mil) to Jun. 2023 (C$4.00 Mil) and declined from Jun. 2023 (C$4.00 Mil) to Sep. 2023 (C$3.71 Mil).

Glow LifeTech's annual market cap increased from Dec. 2020 (C$0.00 Mil) to Dec. 2021 (C$15.99 Mil) but then declined from Dec. 2021 (C$15.99 Mil) to Dec. 2022 (C$5.14 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. Glow LifeTech's Enterprise Value for Today is C$2.46 Mil.


Glow LifeTech Market Cap Historical Data

The historical data trend for Glow LifeTech'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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Glow LifeTech Market Cap Chart

Glow LifeTech Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Market Cap
- - 15.99 5.14

Glow LifeTech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 4.57 5.14 4.28 4.00 3.71

Competitive Comparison of Glow LifeTech's Market Cap

For the Biotechnology subindustry, Glow LifeTech'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.


Glow LifeTech's Market Cap Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Glow LifeTech's Market Cap distribution charts can be found below:

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



Glow LifeTech 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.

Glow LifeTech's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=C$0.09*57.1086
=C$5.14

Glow LifeTech's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=C$0.065*57.1086
=C$3.71

* 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.


Glow LifeTech  (XCNQ:GLOW) 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.


Glow LifeTech Market Cap Related Terms

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Glow LifeTech (XCNQ:GLOW) Business Description

Traded in Other Exchanges
Address
65 International Boulevard, Suite 206, Etobicoke, ON, CAN, M9W 6L9
Glow LifeTech Corp is a biotechnology company focused on producing nutraceutical and cannabinoid-based products with dramatically enhanced bioavailability, absorption, and effectiveness. Its plant-based MyCell Technology delivery system transforms poorly absorbed natural compounds into enhanced water-compatible concentrates, unlocking the full healing potential of natural active compounds.
Executives
Daniel Proska Director

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