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). New World Solutions's share price for the quarter that ended in Oct. 2024 was C$0.025. New World Solutions's Shares Outstanding (EOP) for the quarter that ended in Oct. 2024 was 168.27 Mil. Therefore, New World Solutions's market cap for the quarter that ended in Oct. 2024 was C$4.21 Mil.
New World Solutions's quarterly market cap
declined
from Apr. 2024 (C$2.07 Mil) to Jul. 2024 (C$1.85 Mil) but then
increased
from Jul. 2024 (C$1.85 Mil) to Oct. 2024 (C$4.21 Mil).
New World Solutions's annual market cap
declined
from Apr. 2022 (C$11.55 Mil) to Apr. 2023 (C$2.03 Mil) but then
increased
from Apr. 2023 (C$2.03 Mil) to Apr. 2024 (C$2.07 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. New World Solutions's Enterprise Value for Today is C$4.38 Mil.
New World Solutions Market Cap Historical Data
The historical data trend for New World 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 New World Solutions's Market Cap
For the Software - Application subindustry, New World 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.
New World Solutions's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, New World Solutions's Market Cap distribution charts can be found below:
* The bar in red indicates where New World Solutions's Market Cap falls into.
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.
New World Solutions's Market Cap for the fiscal year that ended in Apr. 2024 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.
New World Solutions (XCNQ:NEWS) 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.
New World Solutions Market Cap Related Terms
Thank you for viewing the detailed overview of New World Solutions's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.
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