X1 Entertainment Group's quarterly market cap
declined
from Aug. 2023 (C$0.71 Mil) to Nov. 2023 (C$0.52 Mil) but then
increased
from Nov. 2023 (C$0.52 Mil) to Feb. 2024 (C$2.00 Mil).
X1 Entertainment Group's annual market cap
increased
from . 20 (C$0.00 Mil) to Aug. 2022 (C$12.37 Mil) but then
declined
from Aug. 2022 (C$12.37 Mil) to Aug. 2023 (C$0.71 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. X1 Entertainment Group's Enterprise Value for Today is C$3.75 Mil.
* 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 X1 Entertainment Group's Market Cap
For the Entertainment subindustry, X1 Entertainment Group'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.
X1 Entertainment Group's Market Cap Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, X1 Entertainment Group's Market Cap distribution charts can be found below:
* The bar in red indicates where X1 Entertainment Group's Market Cap falls into.
X1 Entertainment Group 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.
X1 Entertainment Group's Market Cap for the fiscal year that ended in Aug. 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.
X1 Entertainment Group (XCNQ:XONE) 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.
X1 Entertainment Group Market Cap Related Terms
Thank you for viewing the detailed overview of X1 Entertainment Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
X1 Entertainment Group (XCNQ:XONE) Business Description
X1 Entertainment Group Inc is an esports portfolio company that owns and operates an esports franchise, RixGG. The business of the company is the competitive playing of video games by teams for cash prizes, and operations ancillary to such competition, such as merchandising and the hosting of tournaments. It engages in the acquisition and development of esports teams and digital content creation which is considered one business segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XCNQ:XONE has been successfully added to your 