XAI Octagon Floating Rate & Alternativeome Trust's quarterly market cap
increased
from Sep. 2022 ($210.68 Mil) to Mar. 2023 ($239.20 Mil) and
increased
from Mar. 2023 ($239.20 Mil) to Sep. 2023 ($310.97 Mil).
XAI Octagon Floating Rate & Alternativeome Trust's annual market cap
declined
from Sep. 2021 ($228.87 Mil) to Sep. 2022 ($210.68 Mil) but then
increased
from Sep. 2022 ($210.68 Mil) to Sep. 2023 ($310.97 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. XAI Octagon Floating Rate & Alternativeome Trust's Enterprise Value for Today is $565.91 Mil.
XAI Octagon Floating Rate & Alternativeome Trust Market Cap Historical Data
* 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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XAI Octagon Floating Rate & Alternativeome Trust Market Cap Chart
XAI Octagon Floating Rate & Alternativeome Trust Annual Data
* 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.
XAI Octagon Floating Rate & Alternativeome Trust's Market Cap Distribution in the Asset Management Industry
* The bar in red indicates where XAI Octagon Floating Rate & Alternativeome Trust's Market Cap falls into.
XAI Octagon Floating Rate & Alternativeome Trust 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.
* 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.
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.
XAI Octagon Floating Rate & Alternativeome Trust Market Cap Related Terms
Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
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