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Red Light Holland (XCNQ:TRIP) Market Cap : C$21.67 Mil (As of Jun. 17, 2024)


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What is Red Light Holland 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). Red Light Holland's share price for the quarter that ended in Dec. 2023 was C$0.06. Red Light Holland's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 393.99 Mil. Therefore, Red Light Holland's market cap for the quarter that ended in Dec. 2023 was C$23.64 Mil.

Red Light Holland's quarterly market cap declined from Jun. 2023 (C$35.57 Mil) to Sep. 2023 (C$29.63 Mil) and declined from Sep. 2023 (C$29.63 Mil) to Dec. 2023 (C$23.64 Mil).

Red Light Holland's annual market cap declined from Mar. 2021 (C$108.19 Mil) to Mar. 2022 (C$37.61 Mil) but then increased from Mar. 2022 (C$37.61 Mil) to Mar. 2023 (C$44.61 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. Red Light Holland's Enterprise Value for Today is C$7.93 Mil.


Red Light Holland Market Cap Historical Data

The historical data trend for Red Light Holland'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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Red Light Holland Market Cap Chart

Red Light Holland Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
- - 108.19 37.61 44.61

Red Light Holland Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.26 44.61 35.57 29.63 23.64

Competitive Comparison of Red Light Holland's Market Cap

For the Drug Manufacturers - Specialty & Generic subindustry, Red Light Holland'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.


Red Light Holland's Market Cap Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Red Light Holland's Market Cap falls into.



Red Light Holland 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.

Red Light Holland's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=C$0.115*387.892
=C$44.61

Red Light Holland's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=C$0.06*393.985
=C$23.64

* 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.


Red Light Holland  (XCNQ:TRIP) 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.


Red Light Holland Market Cap Related Terms

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Red Light Holland (XCNQ:TRIP) Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
Red Light Holland Corp is engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands Its products include Microdosing Kit and Merch. Its revenue is comprised of sales of wholesale truffles, cannabis seeds, and other cannabis products and sales of microdose packs.
Executives
Ann Catherine Barnes Director