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Linea Directa Aseguradora (XMAD:LDA) Market Cap : €1,048.8 Mil (As of Apr. 27, 2024)


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What is Linea Directa Aseguradora 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). Linea Directa Aseguradora's share price for the quarter that ended in Dec. 2023 was €0.851. Linea Directa Aseguradora's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,087.9 Mil. Therefore, Linea Directa Aseguradora's market cap for the quarter that ended in Dec. 2023 was €925.8 Mil.

Linea Directa Aseguradora's quarterly market cap declined from Dec. 2022 (€1,122.6 Mil) to Jun. 2023 (€897.5 Mil) but then increased from Jun. 2023 (€897.5 Mil) to Dec. 2023 (€925.8 Mil).

Linea Directa Aseguradora's annual market cap declined from Dec. 2021 (€1,749.4 Mil) to Dec. 2022 (€1,122.6 Mil) and declined from Dec. 2022 (€1,122.6 Mil) to Dec. 2023 (€925.7 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. Linea Directa Aseguradora's Enterprise Value for Today is €1,009.8 Mil.


Linea Directa Aseguradora Market Cap Historical Data

The historical data trend for Linea Directa Aseguradora'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.

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Linea Directa Aseguradora Market Cap Chart

Linea Directa Aseguradora Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- 1,749.44 1,122.57 925.68

Linea Directa Aseguradora Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial 1,749.44 1,368.23 1,122.57 897.53 925.82

Competitive Comparison of Linea Directa Aseguradora's Market Cap

For the Insurance - Property & Casualty subindustry, Linea Directa Aseguradora'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.


Linea Directa Aseguradora's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Linea Directa Aseguradora's Market Cap distribution charts can be found below:

* The bar in red indicates where Linea Directa Aseguradora's Market Cap falls into.



Linea Directa Aseguradora 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.

Linea Directa Aseguradora'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 )
=€0.851*1087.76
=

Linea Directa Aseguradora's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=€0.851*1087.92
=€925.8

* 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.


Linea Directa Aseguradora  (XMAD:LDA) 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.


Linea Directa Aseguradora Market Cap Related Terms

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Linea Directa Aseguradora (XMAD:LDA) Business Description

Traded in Other Exchanges
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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