GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Market Cap

SolarBank (NEOE:SUNN) Market Cap : C$217.80 Mil (As of Jun. 07, 2024)


View and export this data going back to 2023. Start your Free Trial

What is SolarBank 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). SolarBank's share price for the quarter that ended in Mar. 2024 was C$7.1. SolarBank's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 27.14 Mil. Therefore, SolarBank's market cap for the quarter that ended in Mar. 2024 was C$192.67 Mil.

SolarBank's quarterly market cap declined from Sep. 2023 (C$217.27 Mil) to Dec. 2023 (C$170.96 Mil) but then increased from Dec. 2023 (C$170.96 Mil) to Mar. 2024 (C$192.67 Mil).

SolarBank's annual market cap stayed the same from . 20 (C$0.00 Mil) to Jun. 2022 (C$0.00 Mil) but then increased from Jun. 2022 (C$0.00 Mil) to Jun. 2023 (C$242.00 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. SolarBank's Enterprise Value for Today is C$213.07 Mil.


SolarBank Market Cap Historical Data

The historical data trend for SolarBank'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.

* Premium members only.

SolarBank Market Cap Chart

SolarBank Annual Data
Trend Jun22 Jun23
Market Cap
- 242.00

SolarBank Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.43 242.00 217.27 170.96 192.67

Competitive Comparison of SolarBank's Market Cap

For the Utilities - Renewable subindustry, SolarBank'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.


SolarBank's Market Cap Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SolarBank's Market Cap distribution charts can be found below:

* The bar in red indicates where SolarBank's Market Cap falls into.



SolarBank 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.

SolarBank's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=C$9.03*26.8
=C$242.00

SolarBank's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=C$7.1*27.1361
=C$192.67

* 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.


SolarBank  (NEOE:SUNN) 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 company’s 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.


SolarBank Market Cap Related Terms

Thank you for viewing the detailed overview of SolarBank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


SolarBank (NEOE:SUNN) Business Description

Traded in Other Exchanges
Address
505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2
SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.
Executives
Xiaohong Zheng Senior Officer

SolarBank (NEOE:SUNN) Headlines

No Headlines