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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). Finnovate Acquisition's share price for the quarter that ended in Mar. 2024 was $11.24. Finnovate Acquisition's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 9.09 Mil. Therefore, Finnovate Acquisition's market cap for the quarter that ended in Mar. 2024 was $102.12 Mil.
Finnovate Acquisition's quarterly market cap increased from Sep. 2023 ($98.94 Mil) to Dec. 2023 ($100.58 Mil) and increased from Dec. 2023 ($100.58 Mil) to Mar. 2024 ($102.12 Mil).
Finnovate Acquisition's annual market cap increased from Dec. 2021 ($214.52 Mil) to Dec. 2022 ($222.77 Mil) but then declined from Dec. 2022 ($222.77 Mil) to Dec. 2023 ($100.58 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. Finnovate Acquisition's Enterprise Value for Today is $78.28 Mil.
The historical data trend for Finnovate Acquisition'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.
Finnovate Acquisition Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Market Cap | 214.52 | 222.77 | 100.58 |
Finnovate Acquisition Quarterly Data | |||||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Market Cap | Get a 7-Day Free Trial | 226.46 | 96.22 | 98.94 | 100.58 | 102.12 |
For the Shell Companies subindustry, Finnovate Acquisition'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.
For the Diversified Financial Services industry and Financial Services sector, Finnovate Acquisition's Market Cap distribution charts can be found below:
* The bar in red indicates where Finnovate Acquisition's Market Cap falls into.
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.
Finnovate Acquisition'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 ) |
= | $11.07 | * | 9.08583 | |
= | $100.58 |
Finnovate Acquisition'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 ) |
= | $11.24 | * | 9.08583 | |
= | $102.12 |
* 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.
Finnovate Acquisition (NAS:FNVT) 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.
Thank you for viewing the detailed overview of Finnovate Acquisition's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Chun Yi Hao | director | 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803 |
Sanjay Prasad | director | 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803 |
Tiemei Sarah Li | director | THE WHITE HOUSE, 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208 |
Meitav Investment House Ltd | 10 percent owner | 30 DEREKH SHESHET HA-YAMIM ST., BENE-BERAQ L3 5112302 |
Wang Chiu Wong | director, 10 percent owner, officer: Chief Financial Officer | THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208 |
Calvin Kung | director, 10 percent owner, officer: Chief Executive Officer | THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208 |
Sunorange Ltd. | 10 percent owner | C/O FINNOVATE ACQUISITION CORP., THE WHITE HOUSE 20 GENESIS CLOSE,, GEORGE TOWN E9 KY11208 |
Mitchell Alan Garber | director | ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109 |
Ron Avshalom Golan | director, officer: Chief Financial Officer | 6 FROGNAL CLOSE, LONDON X0 NW3 6YB |
Gustavo Rodolfo Schwed | director | 34 WEST 17TH STREET, PH, NEW YORK NY 10011 |
David Gershon | director, officer: Chief Executive Officer | 9 MAURIZIO VITALE APT. 47, TEL AVIV L3 6965104 |
Nadav Zohar | director | C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Jonathan Ophir | officer: Chief Investment Officer | C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Finnovate Sponsor L.p. | 10 percent owner | C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Finnovate Sponsor Llc | 10 percent owner | C/O FINNOVATE ACQUISITION CORP., 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
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