Tivic Health Systems's quarterly market cap
declined
from Jun. 2023 ($3.14 Mil) to Sep. 2023 ($2.54 Mil) but then
increased
from Sep. 2023 ($2.54 Mil) to Dec. 2023 ($2.64 Mil).
Tivic Health Systems's annual market cap
declined
from Dec. 2021 ($37.69 Mil) to Dec. 2022 ($6.19 Mil) and
declined
from Dec. 2022 ($6.19 Mil) to Dec. 2023 ($2.64 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. Tivic Health Systems's Enterprise Value for Today is $-2.31 Mil.
Tivic Health Systems Market Cap Historical Data
The historical data trend for Tivic Health Systems'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 Tivic Health Systems's Market Cap
For the Medical Devices subindustry, Tivic Health Systems'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.
Tivic Health Systems's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tivic Health Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Tivic Health Systems's Market Cap falls into.
Tivic Health Systems 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.
Tivic Health Systems'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.
Tivic Health Systems (NAS:TIVC) 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.
Tivic Health Systems Market Cap Related Terms
Thank you for viewing the detailed overview of Tivic Health Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tivic Health Systems (Tivic Health Systems) Business Description
Tivic Health Systems Inc is a health technology company focused on developing and commercializing non-invasive bioelectronic medicine. The company's platform-based technology activates the body's own healing mechanisms and can be programmed to treat various disease conditions. company's products provide a natural alternative to the standard synthetic chemical methods used by the pharmaceutical industry. ClearUP Sinus Relief, is a first commercial product of the company which is a patented handled device that uses ultra-low current electrical waves to relieve sinus pain and congestion symptoms that are prevalent in nasal allergies, sinus infections, chronic sinusitis, cold and flu and other disease conditions.
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