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TPT Global Tech (TPT Global Tech) Market Cap : $0.93 Mil (As of Jun. 08, 2024)


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What is TPT Global Tech Market Cap?

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). TPT Global Tech's share price for the quarter that ended in Mar. 2024 was $0.0007. TPT Global Tech's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,866.69 Mil. Therefore, TPT Global Tech's market cap for the quarter that ended in Mar. 2024 was $2.01 Mil.

TPT Global Tech's quarterly market cap declined from Sep. 2023 ($2.26 Mil) to Dec. 2023 ($0.98 Mil) but then increased from Dec. 2023 ($0.98 Mil) to Mar. 2024 ($2.01 Mil).

TPT Global Tech's annual market cap declined from Dec. 2021 ($10.34 Mil) to Dec. 2022 ($2.26 Mil) and declined from Dec. 2022 ($2.26 Mil) to Dec. 2023 ($0.98 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. TPT Global Tech's Enterprise Value for Today is $76.64 Mil.


TPT Global Tech Market Cap Historical Data

The historical data trend for TPT Global Tech'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.

* Premium members only.

TPT Global Tech Market Cap Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 26.05 10.34 2.26 0.98

TPT Global Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 2.41 2.26 0.98 2.01

Competitive Comparison of TPT Global Tech's Market Cap

For the Communication Equipment subindustry, TPT Global Tech'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.


TPT Global Tech's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's Market Cap distribution charts can be found below:

* The bar in red indicates where TPT Global Tech's Market Cap falls into.



TPT Global Tech 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.

TPT Global Tech's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$0.0004*2456.64
=$0.98

TPT Global Tech's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0.0007*2866.69
=$2.01

* 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.


TPT Global Tech  (OTCPK:TPTW) 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 company’s 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.


TPT Global Tech Market Cap Related Terms

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TPT Global Tech (TPT Global Tech) Business Description

Traded in Other Exchanges
N/A
Address
501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).

TPT Global Tech (TPT Global Tech) Headlines

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