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). Lyra Therapeutics's share price for the quarter that ended in Mar. 2024 was $6.22. Lyra Therapeutics's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 60.96 Mil. Therefore, Lyra Therapeutics's market cap for the quarter that ended in Mar. 2024 was $379.20 Mil.
Lyra Therapeutics's quarterly market cap
increased
from Sep. 2023 ($193.72 Mil) to Dec. 2023 ($299.80 Mil) and
increased
from Dec. 2023 ($299.80 Mil) to Mar. 2024 ($379.20 Mil).
Lyra Therapeutics's annual market cap
increased
from Dec. 2021 ($56.71 Mil) to Dec. 2022 ($99.94 Mil) and
increased
from Dec. 2022 ($99.94 Mil) to Dec. 2023 ($299.80 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. Lyra Therapeutics's Enterprise Value for Today is $-29.73 Mil.
Lyra Therapeutics Market Cap Historical Data
The historical data trend for Lyra Therapeutics'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 Lyra Therapeutics's Market Cap
For the Biotechnology subindustry, Lyra Therapeutics'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.
Lyra Therapeutics's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Lyra Therapeutics's Market Cap distribution charts can be found below:
* The bar in red indicates where Lyra Therapeutics's Market Cap falls into.
Lyra Therapeutics 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.
Lyra Therapeutics'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.
Lyra Therapeutics (NAS:LYRA) 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.
Lyra Therapeutics Market Cap Related Terms
Thank you for viewing the detailed overview of Lyra Therapeutics's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lyra Therapeutics (Lyra Therapeutics) Business Description
Lyra Therapeutics Inc is a clinical-stage therapeutics company focused on the development and commercialization of novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose, and throat diseases. The company's technology platform, XTreo, is designed to precisely and consistently deliver medicines directly to the affected tissue for sustained periods with a single administration. Its initial product candidates, LYR-210 and LYR-220, are bioresorbable polymeric matrices designed to be administered in a brief, non-invasive, in-office procedure and intended to deliver up to six months of continuous drug therapy to the sinonasal passages for the treatment of chronic rhinosinusitis, or CRS.
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