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). Nexalin Technology's share price for the quarter that ended in Mar. 2024 was $1.4. Nexalin Technology's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 7.44 Mil. Therefore, Nexalin Technology's market cap for the quarter that ended in Mar. 2024 was $10.41 Mil.
Nexalin Technology's quarterly market cap
declined
from Sep. 2023 ($3.27 Mil) to Dec. 2023 ($3.01 Mil) but then
increased
from Dec. 2023 ($3.01 Mil) to Mar. 2024 ($10.41 Mil).
Nexalin Technology's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($5.46 Mil) but then
declined
from Dec. 2022 ($5.46 Mil) to Dec. 2023 ($3.01 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. Nexalin Technology's Enterprise Value for Today is $2.41 Mil.
Nexalin Technology Market Cap Historical Data
The historical data trend for Nexalin Technology'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 Nexalin Technology's Market Cap
For the Medical Devices subindustry, Nexalin Technology'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.
Nexalin Technology's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nexalin Technology's Market Cap distribution charts can be found below:
* The bar in red indicates where Nexalin Technology's Market Cap falls into.
Nexalin Technology 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.
Nexalin Technology'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.
Nexalin Technology (NAS:NXL) 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.
Nexalin Technology Market Cap Related Terms
Thank you for viewing the detailed overview of Nexalin Technology's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nexalin Technology (Nexalin Technology) Business Description
Nexalin Technology Inc design and develop innovative neurostimulation products to uniquely and effectively help combat the ongoing global mental health epidemic. The company has developed an easy-to-administer medical device referred to as Generation 1 or Gen-1 that utilizes bioelectronic medical technology to treat anxiety and insomnia, without the need for drugs or psychotherapy.
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