IM Cannabis (XCNQ:IMCC) Market Cap : C$10.65 Mil (As of Dec. 13, 2024)

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What is IM Cannabis 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). IM Cannabis's share price for the quarter that ended in Sep. 2024 was C$2.94. IM Cannabis's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 2.23 Mil. Therefore, IM Cannabis's market cap for the quarter that ended in Sep. 2024 was C$6.56 Mil.

IM Cannabis's quarterly market cap declined from Mar. 2024 (C$8.44 Mil) to Jun. 2024 (C$8.30 Mil) and declined from Jun. 2024 (C$8.30 Mil) to Sep. 2024 (C$6.56 Mil).

IM Cannabis's annual market cap declined from Dec. 2021 (C$287.88 Mil) to Dec. 2022 (C$9.84 Mil) and declined from Dec. 2022 (C$9.84 Mil) to Dec. 2023 (C$6.16 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. IM Cannabis's Enterprise Value for Today is C$24.35 Mil.

IM Cannabis Market Cap Historical Data

The historical data trend for IM Cannabis'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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IM Cannabis Market Cap Chart

IM Cannabis Annual Data

Trend

Apr13

Apr14

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Market Cap

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0.49

399.25

287.88

9.84

6.16

IM Cannabis Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															12.05	6.16	8.44	8.30	6.56

Competitive Comparison of IM Cannabis's Market Cap

For the Drug Manufacturers - Specialty & Generic subindustry, IM Cannabis'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.

IM Cannabis's Market Cap Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, IM Cannabis's Market Cap distribution charts can be found below:

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

IM Cannabis 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.

IM Cannabis'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 )
	=	C$2.76	*	2.23236
	=	C$6.16

IM Cannabis's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	C$2.94	*	2.23236
	=	C$6.56

IM Cannabis (XCNQ:IMCC) 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.

IM Cannabis Market Cap Related Terms

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IM Cannabis Business Description

Industry

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IMCC:USA

Address

Central District, Kibbutz Glil Yam, ISR, 4690500

Website

https://www.imcannabis.com

IM Cannabis Corp is a Canada-based international medical cannabis company. It operates in the field of medical cannabis, through Focus Medical Herbs Ltd. (Focus), which holds a cultivation license to breed, grow, and supply medical cannabis products The majority of its revenues are generated from sales of medical cannabis products to customers in Israel. The remaining revenues are generated from sales of medical cannabis, as well as other products, to customers in Germany. Geographically, the majority is from Israel.

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