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). Eightco Holdings's share price for the quarter that ended in Dec. 2023 was $0.514. Eightco Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 4.71 Mil. Therefore, Eightco Holdings's market cap for the quarter that ended in Dec. 2023 was $2.42 Mil.
Eightco Holdings's quarterly market cap
declined
from Jun. 2023 ($4.12 Mil) to Sep. 2023 ($2.38 Mil) but then
increased
from Sep. 2023 ($2.38 Mil) to Dec. 2023 ($2.42 Mil).
Eightco Holdings's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($6.07 Mil) but then
declined
from Dec. 2022 ($6.07 Mil) to Dec. 2023 ($2.42 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. Eightco Holdings's Enterprise Value for Today is $37.37 Mil.
Eightco Holdings Market Cap Historical Data
The historical data trend for Eightco Holdings'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 Eightco Holdings's Market Cap
For the Packaging & Containers subindustry, Eightco Holdings'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.
Eightco Holdings's Market Cap Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Eightco Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Eightco Holdings's Market Cap falls into.
Eightco Holdings 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.
Eightco Holdings'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.
Eightco Holdings (NAS:OCTO) 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.
Eightco Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Eightco Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Eightco Holdings (Eightco Holdings) Business Description
Eightco Holdings Inc is committed to growth focused around its existing subsidiaries, Forever 8, an inventory management platform for e-commerce sellers, and Ferguson Containers, a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
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