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). NEXTracker's share price for the quarter that ended in Mar. 2024 was $56.27. NEXTracker's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 137 Mil. Therefore, NEXTracker's market cap for the quarter that ended in Mar. 2024 was $7,683 Mil.
NEXTracker's quarterly market cap
increased
from Sep. 2023 ($2,494 Mil) to Dec. 2023 ($2,910 Mil) and
increased
from Dec. 2023 ($2,910 Mil) to Mar. 2024 ($7,683 Mil).
NEXTracker's annual market cap
increased
from Mar. 2022 ($0 Mil) to Mar. 2023 ($1,664 Mil) and
increased
from Mar. 2023 ($1,664 Mil) to Mar. 2024 ($7,683 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. NEXTracker's Enterprise Value for Today is $7,421 Mil.
NEXTracker Market Cap Historical Data
The historical data trend for NEXTracker'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 Solar subindustry, NEXTracker'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.
NEXTracker's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, NEXTracker's Market Cap distribution charts can be found below:
* The bar in red indicates where NEXTracker's Market Cap falls into.
NEXTracker 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.
NEXTracker's Market Cap for the fiscal year that ended in Mar. 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.
NEXTracker (NAS:NXT) 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.
NEXTracker Market Cap Related Terms
Thank you for viewing the detailed overview of NEXTracker's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
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