Victory Oilfield Tech's quarterly market cap
increased
from Jun. 2023 ($5.23 Mil) to Sep. 2023 ($10.30 Mil) and
increased
from Sep. 2023 ($10.30 Mil) to Dec. 2023 ($25.73 Mil).
Victory Oilfield Tech's annual market cap
declined
from Dec. 2021 ($14.27 Mil) to Dec. 2022 ($5.83 Mil) but then
increased
from Dec. 2022 ($5.83 Mil) to Dec. 2023 ($25.73 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. Victory Oilfield Tech's Enterprise Value for Today is $158.59 Mil.
* 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 Victory Oilfield Tech's Market Cap
For the Oil & Gas Equipment & Services subindustry, Victory Oilfield 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.
Victory Oilfield Tech's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Victory Oilfield Tech's Market Cap distribution charts can be found below:
* The bar in red indicates where Victory Oilfield Tech's Market Cap falls into.
Victory Oilfield 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.
Victory Oilfield Tech'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.
Victory Oilfield Tech (OTCPK:VYEY) 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.
Victory Oilfield Tech Market Cap Related Terms
Thank you for viewing the detailed overview of Victory Oilfield Tech's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Victory Oilfield Tech (Victory Oilfield Tech) Business Description
Victory Oilfield Tech Inc is an oilfield energy-tech products company focused on improving well performance and extending the lifespan of the industry's most sophisticated and expensive equipment. The company's products include solutions for drill-pipe, production tubing, and radio frequency identification (RFID) enclosures. The company's only reportable segment is Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing, and drill collars.
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