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). 22nd Century Group's share price for the quarter that ended in Dec. 2023 was $2.9792. 22nd Century Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2.72 Mil. Therefore, 22nd Century Group's market cap for the quarter that ended in Dec. 2023 was $8.10 Mil.
22nd Century Group's quarterly market cap
declined
from Jun. 2023 ($91.43 Mil) to Sep. 2023 ($20.61 Mil) and
declined
from Sep. 2023 ($20.61 Mil) to Dec. 2023 ($8.10 Mil).
22nd Century Group's annual market cap
declined
from Dec. 2021 ($503.28 Mil) to Dec. 2022 ($198.13 Mil) and
declined
from Dec. 2022 ($198.13 Mil) to Dec. 2023 ($8.10 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. 22nd Century Group's Enterprise Value for Today is $24.01 Mil.
22nd Century Group Market Cap Historical Data
The historical data trend for 22nd Century Group'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 22nd Century Group's Market Cap
For the Tobacco subindustry, 22nd Century 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.
22nd Century Group's Market Cap Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, 22nd Century Group's Market Cap distribution charts can be found below:
* The bar in red indicates where 22nd Century Group's Market Cap falls into.
22nd Century 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.
22nd Century Group'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.
22nd Century Group (NAS:XXII) 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.
22nd Century Group Market Cap Related Terms
Thank you for viewing the detailed overview of 22nd Century Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
22nd Century Group (22nd Century Group) Business Description
22nd Century Group Inc is a United States-based biotechnology company focused on utilizing alkaloid plant technologies to improve health and wellness with reduced nicotine tobacco, and hemp/cannabis. It has two operating segments; The tobacco segment is engaged in commercializing its proprietary VLNC tobacco plants and cigarette products, which contain 95% less nicotine than conventional tobacco and cigarettes, and research cigarettes sold under the brand name SPECTRUM, and The hemp/cannabis segment is engaged in providing hemp-derived cannabinoid ingredients and API, as well as a CDMO to the consumer goods industry. It derives a majority of its revenue from the tobacco segment.
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