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Nirvana Life Sciences (XCNQ:NIRV) Market Cap : C$3.62 Mil (As of Dec. 11, 2024)


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What is Nirvana Life Sciences 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). Nirvana Life Sciences's share price for the quarter that ended in Jan. 2024 was C$0.045. Nirvana Life Sciences's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 48.23 Mil. Therefore, Nirvana Life Sciences's market cap for the quarter that ended in Jan. 2024 was C$2.17 Mil.

Nirvana Life Sciences's quarterly market cap increased from Jul. 2023 (C$1.69 Mil) to Oct. 2023 (C$1.93 Mil) and increased from Oct. 2023 (C$1.93 Mil) to Jan. 2024 (C$2.17 Mil).

Nirvana Life Sciences's annual market cap increased from Oct. 2021 (C$0.00 Mil) to Apr. 2022 (C$18.82 Mil) but then declined from Apr. 2022 (C$18.82 Mil) to Apr. 2023 (C$1.02 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. Nirvana Life Sciences's Enterprise Value for Today is C$3.64 Mil.


Nirvana Life Sciences Market Cap Historical Data

The historical data trend for Nirvana Life Sciences'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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Nirvana Life Sciences Market Cap Chart

Nirvana Life Sciences Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Apr22 Apr23
Market Cap
Get a 7-Day Free Trial - - - 18.82 1.02

Nirvana Life Sciences Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.91 1.02 1.69 1.93 2.17

Competitive Comparison of Nirvana Life Sciences's Market Cap

For the Biotechnology subindustry, Nirvana Life Sciences'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.


Nirvana Life Sciences's Market Cap Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nirvana Life Sciences's Market Cap distribution charts can be found below:

* The bar in red indicates where Nirvana Life Sciences's Market Cap falls into.



Nirvana Life Sciences 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.

Nirvana Life Sciences's Market Cap for the fiscal year that ended in Apr. 2023 is calculated as

Market Cap (A: Apr. 2023 )=Share Price (A: Apr. 2023 )*Shares Outstanding (EOP) (A: Apr. 2023 )
=C$0.03*34.033
=C$1.02

Nirvana Life Sciences'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$0.045*48.233
=C$2.17

* 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.


Nirvana Life Sciences  (XCNQ:NIRV) 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.


Nirvana Life Sciences Market Cap Related Terms

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Nirvana Life Sciences Business Description

Traded in Other Exchanges
N/A
Address
650 West Georgia Street, Suite 2110, Vancouver, BC, CAN, V6B 4N8
Nirvana Life Sciences Inc is focused on developing medical products and regimens that address addiction. The company is working on novel formulations of psilocybin and other naturally-sourced psychedelics to treat pain, opioid dependency, and other health problems.

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