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Mijem Newcomm Tech (XCNQ:MJEM) Market Cap : C$0.28 Mil (As of May. 12, 2024)


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What is Mijem Newcomm Tech 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). Mijem Newcomm Tech's share price for the quarter that ended in Jan. 2024 was C$0.01. Mijem Newcomm Tech's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 27.79 Mil. Therefore, Mijem Newcomm Tech's market cap for the quarter that ended in Jan. 2024 was C$0.28 Mil.

Mijem Newcomm Tech's quarterly market cap stayed the same from Jul. 2023 (C$0.14 Mil) to Oct. 2023 (C$0.14 Mil) but then increased from Oct. 2023 (C$0.14 Mil) to Jan. 2024 (C$0.28 Mil).

Mijem Newcomm Tech's annual market cap increased from Jul. 2021 (C$0.00 Mil) to Jul. 2022 (C$1.11 Mil) but then declined from Jul. 2022 (C$1.11 Mil) to Jul. 2023 (C$0.14 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. Mijem Newcomm Tech's Enterprise Value for Today is C$0.35 Mil.


Mijem Newcomm Tech Market Cap Historical Data

The historical data trend for Mijem Newcomm Tech'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.

* Premium members only.

Mijem Newcomm Tech Market Cap Chart

Mijem Newcomm Tech Annual Data
Trend Dec20 Jul21 Jul22 Jul23
Market Cap
- - 1.11 0.14

Mijem Newcomm Tech Quarterly Data
Oct20 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.28 0.14 0.14 0.28

Competitive Comparison of Mijem Newcomm Tech's Market Cap

For the Software - Application subindustry, Mijem Newcomm Tech'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.


Mijem Newcomm Tech's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, Mijem Newcomm Tech's Market Cap distribution charts can be found below:

* The bar in red indicates where Mijem Newcomm Tech's Market Cap falls into.



Mijem Newcomm Tech 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.

Mijem Newcomm Tech's Market Cap for the fiscal year that ended in Jul. 2023 is calculated as

Market Cap (A: Jul. 2023 )=Share Price (A: Jul. 2023 )*Shares Outstanding (EOP) (A: Jul. 2023 )
=C$0.005*27.7876
=C$0.14

Mijem Newcomm Tech's Market Cap for the quarter that ended in Jan. 2024 is calculated as

Market Cap (Q: Jan. 2024 )=Share Price (Q: Jan. 2024 )*Shares Outstanding (EOP) (Q: Jan. 2024 )
=C$0.01*27.7876
=C$0.28

* 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.


Mijem Newcomm Tech  (XCNQ:MJEM) 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.


Mijem Newcomm Tech Market Cap Related Terms

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Mijem Newcomm Tech (XCNQ:MJEM) Business Description

Traded in Other Exchanges
N/A
Address
50 Carroll St, Toronto, ON, CAN, M4M 3G3
Mijem Newcomm Tech Inc is engaged in the development and monetization of online and mobile applications.

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