Gabelli Utility Trust's quarterly market cap
declined
from Dec. 2022 ($555.31 Mil) to Jun. 2023 ($505.29 Mil) and
declined
from Jun. 2023 ($505.29 Mil) to Dec. 2023 ($407.27 Mil).
Gabelli Utility Trust's annual market cap
increased
from Dec. 2021 ($525.70 Mil) to Dec. 2022 ($555.31 Mil) but then
declined
from Dec. 2022 ($555.31 Mil) to Dec. 2023 ($407.27 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. Gabelli Utility Trust's Enterprise Value for Today is $471.07 Mil.
* 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 Gabelli Utility Trust's Market Cap
For the Asset Management subindustry, Gabelli Utility Trust'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.
Gabelli Utility Trust's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gabelli Utility Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Gabelli Utility Trust's Market Cap falls into.
Gabelli Utility 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.
Gabelli Utility Trust'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.
Gabelli Utility Trust (NYSE:GUT) 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.
Gabelli Utility Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Gabelli Utility Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Gabelli Utility Trust (Gabelli Utility Trust) Business Description
Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.
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