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). Franklin BSP Lending's share price for the quarter that ended in Sep. 2023 was $4.797. Franklin BSP Lending's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 232.7 Mil. Therefore, Franklin BSP Lending's market cap for the quarter that ended in Sep. 2023 was $1,116.3 Mil.
Franklin BSP Lending's quarterly market cap
increased
from Mar. 2023 ($1,155.3 Mil) to Jun. 2023 ($1,274.7 Mil) but then
declined
from Jun. 2023 ($1,274.7 Mil) to Sep. 2023 ($1,116.3 Mil).
Franklin BSP Lending's annual market cap
increased
from Dec. 2020 ($2.0 Mil) to Dec. 2021 ($1,078.6 Mil) and
increased
from Dec. 2021 ($1,078.6 Mil) to Dec. 2022 ($1,294.2 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. Franklin BSP Lending's Enterprise Value for Today is $3,419.4 Mil.
Franklin BSP Lending Market Cap Historical Data
The historical data trend for Franklin BSP Lending'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 Franklin BSP Lending's Market Cap
For the Asset Management subindustry, Franklin BSP Lending'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.
Franklin BSP Lending's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Franklin BSP Lending's Market Cap distribution charts can be found below:
* The bar in red indicates where Franklin BSP Lending's Market Cap falls into.
Franklin BSP Lending 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.
Franklin BSP Lending's Market Cap for the fiscal year that ended in Dec. 2022 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.
Franklin BSP Lending (OTCPK:BDVC) 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.
Franklin BSP Lending Market Cap Related Terms
Thank you for viewing the detailed overview of Franklin BSP Lending's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin BSP Lending (Franklin BSP Lending) Business Description
Franklin BSP Lending Corp is an externally managed, non-diversified closed-end management investment company. The company has elected to be regulated as a business development company. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle-market companies. It also purchases interests in loans or corporate bonds through secondary market transactions.
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