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). Lantern Pharma's share price for the quarter that ended in Mar. 2024 was $8.8. Lantern Pharma's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 10.76 Mil. Therefore, Lantern Pharma's market cap for the quarter that ended in Mar. 2024 was $94.68 Mil.
Lantern Pharma's quarterly market cap
increased
from Sep. 2023 ($37.06 Mil) to Dec. 2023 ($45.89 Mil) and
increased
from Dec. 2023 ($45.89 Mil) to Mar. 2024 ($94.68 Mil).
Lantern Pharma's annual market cap
declined
from Dec. 2021 ($88.49 Mil) to Dec. 2022 ($65.58 Mil) and
declined
from Dec. 2022 ($65.58 Mil) to Dec. 2023 ($45.89 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. Lantern Pharma's Enterprise Value for Today is $24.34 Mil.
Lantern Pharma Market Cap Historical Data
The historical data trend for Lantern Pharma'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 Lantern Pharma's Market Cap
For the Biotechnology subindustry, Lantern Pharma'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.
Lantern Pharma's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Lantern Pharma's Market Cap distribution charts can be found below:
* The bar in red indicates where Lantern Pharma's Market Cap falls into.
Lantern Pharma 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.
Lantern Pharma'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.
Lantern Pharma (NAS:LTRN) 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.
Lantern Pharma Market Cap Related Terms
Thank you for viewing the detailed overview of Lantern Pharma's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lantern Pharma (Lantern Pharma) Business Description
Lantern Pharma is an AI company transforming the cost, pace, and timeline of oncology drug discovery and development. Its proprietary AI and machine learning (ML) platform, RADR, uses oncology-focused data points and advanced ML algorithms to solve billion-dollar, real-world problems in cancer drug development. The group's growing pipeline of precision therapies has been accelerated using AI and input from world-class scientific advisors and collaborators.
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