Novus Acquisition & Development (Novus Acquisition & Development) Market Cap : $2.64 Mil (As of May. 20, 2024)

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What is Novus Acquisition & Development Market Cap?

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). Novus Acquisition & Development's share price for the quarter that ended in Sep. 2023 was $0.02. Novus Acquisition & Development's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 107.80 Mil. Therefore, Novus Acquisition & Development's market cap for the quarter that ended in Sep. 2023 was $2.16 Mil.

Novus Acquisition & Development's quarterly market cap increased from . 20 ($0.00 Mil) to Sep. 2022 ($4.31 Mil) but then declined from Sep. 2022 ($4.31 Mil) to Sep. 2023 ($2.16 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. Novus Acquisition & Development's Enterprise Value for Today is $2.44 Mil.

Novus Acquisition & Development Market Cap Historical Data

The historical data trend for Novus Acquisition & Development'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.

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Novus Acquisition & Development Market Cap Chart

Novus Acquisition & Development Annual Data

Trend

Market Cap

Novus Acquisition & Development Quarterly Data
	Sep22	Sep23
Market Cap	4.31	2.16

Competitive Comparison of Novus Acquisition & Development's Market Cap

For the Insurance - Diversified subindustry, Novus Acquisition & Development'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.

Novus Acquisition & Development's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Novus Acquisition & Development's Market Cap distribution charts can be found below:

* The bar in red indicates where Novus Acquisition & Development's Market Cap falls into.

Novus Acquisition & Development 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.

Novus Acquisition & Development's Market Cap for the fiscal year that ended in . 20 is calculated as

Market Cap (A: . 20 )	=	Share Price (A: . 20 )	*	Shares Outstanding (EOP) (A: . 20 )
	=	$	*
	=	$

Novus Acquisition & Development's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	$0.02	*	107.804
	=	$2.16

Novus Acquisition & Development (OTCPK:NDEV) 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.

Novus Acquisition & Development Market Cap Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Novus Acquisition & Development Corp (OTCPK:NDEV) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131

Website

https://www.getnovusnow.com

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.