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). MicroAlgo's share price for the quarter that ended in Dec. 2023 was $9.12. MicroAlgo's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 5.16 Mil. Therefore, MicroAlgo's market cap for the quarter that ended in Dec. 2023 was $47.07 Mil.
MicroAlgo's quarterly market cap
increased
from Dec. 2022 ($54.82 Mil) to Jun. 2023 ($101.31 Mil) but then
declined
from Jun. 2023 ($101.31 Mil) to Dec. 2023 ($47.07 Mil).
MicroAlgo's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($54.82 Mil) but then
declined
from Dec. 2022 ($54.82 Mil) to Dec. 2023 ($47.07 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. MicroAlgo's Enterprise Value for Today is $-30.14 Mil.
MicroAlgo Market Cap Historical Data
The historical data trend for MicroAlgo'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.
For the Software - Infrastructure subindustry, MicroAlgo'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.
MicroAlgo's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, MicroAlgo's Market Cap distribution charts can be found below:
* The bar in red indicates where MicroAlgo's Market Cap falls into.
MicroAlgo 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.
MicroAlgo'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.
MicroAlgo (NAS:MLGO) 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.
MicroAlgo Market Cap Related Terms
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Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052
Website
MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips & services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.
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