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). Eurasia Drilling Co's share price for the quarter that ended in Jun. 2015 was $16.47. Eurasia Drilling Co's Shares Outstanding (EOP) for the quarter that ended in Jun. 2015 was 145 Mil. Therefore, Eurasia Drilling Co's market cap for the quarter that ended in Jun. 2015 was $2,385 Mil.
Eurasia Drilling Co's quarterly market cap
declined
from Jun. 2014 ($4,613 Mil) to Dec. 2014 ($2,577 Mil) and
declined
from Dec. 2014 ($2,577 Mil) to Jun. 2015 ($2,385 Mil).
Eurasia Drilling Co's annual market cap
increased
from Dec. 2012 ($5,240 Mil) to Dec. 2013 ($6,605 Mil) but then
declined
from Dec. 2013 ($6,605 Mil) to Dec. 2014 ($2,577 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. Eurasia Drilling Co's Enterprise Value for Today is $2,428 Mil.
Eurasia Drilling Co Market Cap Historical Data
The historical data trend for Eurasia Drilling Co'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 Eurasia Drilling Co's Market Cap
For the Oil & Gas Drilling subindustry, Eurasia Drilling Co'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.
Eurasia Drilling Co's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Eurasia Drilling Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Eurasia Drilling Co's Market Cap falls into.
Eurasia Drilling Co 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.
Eurasia Drilling Co's Market Cap for the fiscal year that ended in Dec. 2014 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.
Eurasia Drilling Co (LSE:EDCL) 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.
Eurasia Drilling Co Market Cap Related Terms
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Eurasia Drilling Co (LSE:EDCL) Business Description
Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.
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