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). Ovation Science's share price for the quarter that ended in Dec. 2023 was C$0.035. Ovation Science's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 33.89 Mil. Therefore, Ovation Science's market cap for the quarter that ended in Dec. 2023 was C$1.19 Mil.
Ovation Science's quarterly market cap
increased
from Jun. 2023 (C$0.44 Mil) to Sep. 2023 (C$0.88 Mil) and
increased
from Sep. 2023 (C$0.88 Mil) to Dec. 2023 (C$1.19 Mil).
Ovation Science's annual market cap
declined
from Dec. 2021 (C$1.76 Mil) to Dec. 2022 (C$0.73 Mil) but then
increased
from Dec. 2022 (C$0.73 Mil) to Dec. 2023 (C$1.19 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. Ovation Science's Enterprise Value for Today is C$1.67 Mil.
Ovation Science Market Cap Historical Data
The historical data trend for Ovation Science'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 Ovation Science's Market Cap
For the Drug Manufacturers - Specialty & Generic subindustry, Ovation Science'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.
Ovation Science's Market Cap Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Ovation Science's Market Cap distribution charts can be found below:
* The bar in red indicates where Ovation Science's Market Cap falls into.
Ovation Science 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.
Ovation Science's Market Cap for the fiscal year that ended in Dec. 2023 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.
Ovation Science (XCNQ:OVAT) 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.
Ovation Science Market Cap Related Terms
Thank you for viewing the detailed overview of Ovation Science's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ovation Science Inc is a Canada-based company mainly engaged in the business of sub-licensing rights to use Invisicare, a patented drug delivery technology used in topical and transdermal skin products containing hemp seed oil and cannabis products. The company also holds the right to manufacture, distribute, sell, market, sub-license and promote products formulated with Invisicare and containing cannabis products including cannabinoids, hemp seed oil and any synthetic derivatives of cannabis. It also develops formulas for skin product lines including topical and transdermal creams and lotions containing hemp seed oil and cannabis.
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