Sparta Commercial Services's quarterly market cap
declined
from Jul. 2023 ($3.70 Mil) to Oct. 2023 ($2.47 Mil) but then
increased
from Oct. 2023 ($2.47 Mil) to Jan. 2024 ($3.40 Mil).
Sparta Commercial Services's annual market cap
increased
from Apr. 2021 ($1.71 Mil) to Apr. 2022 ($2.42 Mil) and
increased
from Apr. 2022 ($2.42 Mil) to Apr. 2023 ($4.18 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. Sparta Commercial Services's Enterprise Value for Today is $10.44 Mil.
Sparta Commercial Services Market Cap Historical Data
* 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 Sparta Commercial Services's Market Cap
For the Software - Application subindustry, Sparta Commercial Services'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.
Sparta Commercial Services's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Sparta Commercial Services's Market Cap distribution charts can be found below:
* The bar in red indicates where Sparta Commercial Services's Market Cap falls into.
Sparta Commercial Services 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.
* 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.
Sparta Commercial Services (OTCPK:SRCO) 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.
Sparta Commercial Services Market Cap Related Terms
Thank you for viewing the detailed overview of Sparta Commercial Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sparta Commercial Services (Sparta Commercial Services) Business Description
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates maximum revenue from the application source.
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