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). Horizon Global's share price for the quarter that ended in Sep. 2022 was $1.23. Horizon Global's Shares Outstanding (EOP) for the quarter that ended in Sep. 2022 was 27.7 Mil. Therefore, Horizon Global's market cap for the quarter that ended in Sep. 2022 was $34.1 Mil.
Horizon Global's quarterly market cap
declined
from Mar. 2022 ($157.7 Mil) to Jun. 2022 ($45.1 Mil) and
declined
from Jun. 2022 ($45.1 Mil) to Sep. 2022 ($34.1 Mil).
Horizon Global's annual market cap
increased
from Dec. 2019 ($88.6 Mil) to Dec. 2020 ($226.8 Mil) but then
declined
from Dec. 2020 ($226.8 Mil) to Dec. 2021 ($217.7 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. Horizon Global's Enterprise Value for Today is $365.9 Mil.
Horizon Global Market Cap Historical Data
The historical data trend for Horizon Global'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 Horizon Global's Market Cap
For the Auto Parts subindustry, Horizon Global'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.
Horizon Global's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Horizon Global's Market Cap distribution charts can be found below:
* The bar in red indicates where Horizon Global's Market Cap falls into.
Horizon Global 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.
Horizon Global's Market Cap for the fiscal year that ended in Dec. 2021 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.
Horizon Global (NYSE:HZN) 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.
Horizon Global Market Cap Related Terms
Thank you for viewing the detailed overview of Horizon Global's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Horizon Global (Horizon Global) Business Description
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
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