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). Innovative Eyewear's share price for the quarter that ended in Mar. 2024 was $0.273. Innovative Eyewear's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 13.23 Mil. Therefore, Innovative Eyewear's market cap for the quarter that ended in Mar. 2024 was $3.61 Mil.
Innovative Eyewear's quarterly market cap
declined
from Sep. 2023 ($7.27 Mil) to Dec. 2023 ($5.45 Mil) and
declined
from Dec. 2023 ($5.45 Mil) to Mar. 2024 ($3.61 Mil).
Innovative Eyewear's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($10.01 Mil) but then
declined
from Dec. 2022 ($10.01 Mil) to Dec. 2023 ($5.45 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. Innovative Eyewear's Enterprise Value for Today is $9.06 Mil.
Innovative Eyewear Market Cap Historical Data
The historical data trend for Innovative Eyewear'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 Innovative Eyewear's Market Cap
For the Medical Instruments & Supplies subindustry, Innovative Eyewear'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.
Innovative Eyewear's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Innovative Eyewear's Market Cap distribution charts can be found below:
* The bar in red indicates where Innovative Eyewear's Market Cap falls into.
Innovative Eyewear 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.
Innovative Eyewear'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.
Innovative Eyewear (NAS:LUCY) 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.
Innovative Eyewear Market Cap Related Terms
Thank you for viewing the detailed overview of Innovative Eyewear's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Eyewear (Innovative Eyewear) Business Description
Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LUCY has been successfully added to your 