GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Trulieve Cannabis Corp (XCNQ:TRUL) » Definitions » Market Cap

Trulieve Cannabis (XCNQ:TRUL) Market Cap : C$2,465 Mil (As of Jun. 11, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Trulieve Cannabis 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). Trulieve Cannabis's share price for the quarter that ended in Mar. 2024 was C$16.78. Trulieve Cannabis's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 187 Mil. Therefore, Trulieve Cannabis's market cap for the quarter that ended in Mar. 2024 was C$3,142 Mil.

Trulieve Cannabis's quarterly market cap declined from Sep. 2023 (C$1,534 Mil) to Dec. 2023 (C$1,276 Mil) but then increased from Dec. 2023 (C$1,276 Mil) to Mar. 2024 (C$3,142 Mil).

Trulieve Cannabis's annual market cap declined from Dec. 2021 (C$5,940 Mil) to Dec. 2022 (C$1,908 Mil) and declined from Dec. 2022 (C$1,908 Mil) to Dec. 2023 (C$1,276 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. Trulieve Cannabis's Enterprise Value for Today is C$3,116 Mil.


Trulieve Cannabis Market Cap Historical Data

The historical data trend for Trulieve Cannabis'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.

Trulieve Cannabis Market Cap Chart

Trulieve Cannabis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,696.02 4,806.87 5,940.39 1,908.24 1,275.72

Trulieve Cannabis 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 1,391.19 967.13 1,534.39 1,275.72 3,142.11

Competitive Comparison of Trulieve Cannabis's Market Cap

For the Drug Manufacturers - Specialty & Generic subindustry, Trulieve Cannabis'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.


Trulieve Cannabis's Market Cap Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Trulieve Cannabis's Market Cap distribution charts can be found below:

* The bar in red indicates where Trulieve Cannabis's Market Cap falls into.



Trulieve Cannabis 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.

Trulieve Cannabis'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 )
=C$6.85*186.236
=C$1,276

Trulieve Cannabis'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 )
=C$16.78*187.253
=C$3,142

* 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.


Trulieve Cannabis  (XCNQ:TRUL) 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.


Trulieve Cannabis Market Cap Related Terms

Thank you for viewing the detailed overview of Trulieve Cannabis's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Trulieve Cannabis (XCNQ:TRUL) Business Description

Traded in Other Exchanges
Address
6749 Ben Bostic Road, Quincy, FL, USA, 32351
Trulieve Cannabis Corp is a vertically integrated seed to sale and fully licensed medical marijuana company. It is mainly engaged in the cultivation, possession, use, sale, and distribution of medical cannabis.

Trulieve Cannabis (XCNQ:TRUL) Headlines

From GuruFocus

Trulite Inc (TRUL) President and CEO Kim A. Rivers Bought $1 million of Shares

By GuruFocus Research GuruFocus Editor 06-16-2021

Is Trulite Inc Undervalued Following the Latest Insider Buy?

By GuruFocus Research GuruFocus Editor 05-26-2022

Trulite Inc (TRUL) President and CEO Kim A. Rivers Bought $97,936 of Shares

By GuruFocus Research GuruFocus Editor 08-18-2021