GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Noble Helium Ltd (ASX:NHE) » Definitions » Market Cap

Noble Helium (ASX:NHE) Market Cap : A$28.96 Mil (As of Jun. 01, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Noble Helium 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). Noble Helium's share price for the quarter that ended in Dec. 2023 was A$0.11. Noble Helium's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 412.65 Mil. Therefore, Noble Helium's market cap for the quarter that ended in Dec. 2023 was A$45.39 Mil.

Noble Helium's quarterly market cap increased from Dec. 2022 (A$35.81 Mil) to Jun. 2023 (A$58.81 Mil) but then declined from Jun. 2023 (A$58.81 Mil) to Dec. 2023 (A$45.39 Mil).

Noble Helium's annual market cap increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$29.31 Mil) and increased from Jun. 2022 (A$29.31 Mil) to Jun. 2023 (A$58.81 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. Noble Helium's Enterprise Value for Today is A$32.43 Mil.


Noble Helium Market Cap Historical Data

The historical data trend for Noble Helium'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.

Noble Helium Market Cap Chart

Noble Helium Annual Data
Trend Jun22 Jun23
Market Cap
29.31 58.81

Noble Helium Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap - 29.31 35.81 58.81 45.39

Competitive Comparison of Noble Helium's Market Cap

For the Specialty Chemicals subindustry, Noble Helium'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.


Noble Helium's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Noble Helium's Market Cap distribution charts can be found below:

* The bar in red indicates where Noble Helium's Market Cap falls into.



Noble Helium 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.

Noble Helium's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=A$0.22*267.299
=A$58.81

Noble Helium'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 )
=A$0.11*412.651
=A$45.39

* 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.


Noble Helium  (ASX:NHE) 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.


Noble Helium Market Cap Related Terms

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


Noble Helium (ASX:NHE) Business Description

Traded in Other Exchanges
N/A
Address
216 St. Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Noble Helium Ltd is an Independent Helium exploration company In Australia with operations and explorations in Tanzania, East Africa. It is engaged in developing large new supplies of high-grade primary helium to diversify the supply chain for the rare and technologically vital gas. The company has three projects namely; North Rukwa Project, North Nyasa Project and Eyasi and Manyara Projects.

Noble Helium (ASX:NHE) Headlines

No Headlines