Global Water Resources's quarterly market cap
increased
from Sep. 2023 ($235.67 Mil) to Dec. 2023 ($316.21 Mil) but then
declined
from Dec. 2023 ($316.21 Mil) to Mar. 2024 ($310.42 Mil).
Global Water Resources's annual market cap
declined
from Dec. 2021 ($387.31 Mil) to Dec. 2022 ($317.01 Mil) and
declined
from Dec. 2022 ($317.01 Mil) to Dec. 2023 ($316.21 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. Global Water Resources's Enterprise Value for Today is $411.63 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 Global Water Resources's Market Cap
For the Utilities - Regulated Water subindustry, Global Water Resources'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.
Global Water Resources's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Global Water Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Global Water Resources's Market Cap falls into.
Global Water Resources 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.
Global Water Resources'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.
Global Water Resources (NAS:GWRS) 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.
Global Water Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Global Water Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Water Resources (Global Water Resources) Business Description
Global Water Resources Inc operates as a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. It operate within the State of Arizona.
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