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). Financial Gravity's share price for the quarter that ended in Jun. 2023 was $0.08. Financial Gravity's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 94.78 Mil. Therefore, Financial Gravity's market cap for the quarter that ended in Jun. 2023 was $7.58 Mil.
Financial Gravity's quarterly market cap
increased
from Sep. 2022 ($6.89 Mil) to Dec. 2022 ($13.77 Mil) but then
declined
from Dec. 2022 ($13.77 Mil) to Jun. 2023 ($7.58 Mil).
Financial Gravity's annual market cap
increased
from Sep. 2020 ($10.87 Mil) to Sep. 2021 ($11.91 Mil) but then
declined
from Sep. 2021 ($11.91 Mil) to Sep. 2022 ($6.89 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. Financial Gravity's Enterprise Value for Today is $45.89 Mil.
Financial Gravity Market Cap Historical Data
The historical data trend for Financial Gravity'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 Financial Gravity's Market Cap
For the Financial Conglomerates subindustry, Financial Gravity'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.
Financial Gravity's Market Cap Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Financial Gravity's Market Cap distribution charts can be found below:
* The bar in red indicates where Financial Gravity's Market Cap falls into.
Financial Gravity 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.
Financial Gravity's Market Cap for the fiscal year that ended in Sep. 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.
Financial Gravity (OTCPK:FGCO) 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.
Financial Gravity Market Cap Related Terms
Thank you for viewing the detailed overview of Financial Gravity's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Financial Gravity (Financial Gravity) Business Description
Financial Gravity Companies Inc through its subsidiaries helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO; Forta; FGAM; FGFOS; FGIS; FGEM; and TMN.
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