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). Mesabi Trust's share price for the quarter that ended in Jan. 2024 was $19.51. Mesabi Trust's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 13.12 Mil. Therefore, Mesabi Trust's market cap for the quarter that ended in Jan. 2024 was $255.97 Mil.
Mesabi Trust's quarterly market cap
increased
from Jul. 2023 ($257.94 Mil) to Oct. 2023 ($268.44 Mil) but then
declined
from Oct. 2023 ($268.44 Mil) to Jan. 2024 ($255.97 Mil).
Mesabi Trust's annual market cap
declined
from Jan. 2022 ($367.10 Mil) to Jan. 2023 ($302.15 Mil) and
declined
from Jan. 2023 ($302.15 Mil) to Jan. 2024 ($255.97 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. Mesabi Trust's Enterprise Value for Today is $203.13 Mil.
Mesabi Trust Market Cap Historical Data
The historical data trend for Mesabi Trust'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 Mesabi Trust's Market Cap
For the Steel subindustry, Mesabi Trust'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.
Mesabi Trust's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's Market Cap falls into.
Mesabi Trust 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.
Mesabi Trust's Market Cap for the fiscal year that ended in Jan. 2024 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.
Mesabi Trust (NYSE:MSB) 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.
Mesabi Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Mesabi Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.
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