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). Kona Gold Beverage's share price for the quarter that ended in Sep. 2023 was $0.0009. Kona Gold Beverage's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 2,382.42 Mil. Therefore, Kona Gold Beverage's market cap for the quarter that ended in Sep. 2023 was $2.14 Mil.
Kona Gold Beverage's quarterly market cap
declined
from Mar. 2023 ($8.13 Mil) to Jun. 2023 ($5.05 Mil) and
declined
from Jun. 2023 ($5.05 Mil) to Sep. 2023 ($2.14 Mil).
Kona Gold Beverage's annual market cap
declined
from Dec. 2020 ($26.45 Mil) to Dec. 2021 ($5.93 Mil) but then
increased
from Dec. 2021 ($5.93 Mil) to Dec. 2022 ($6.40 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. Kona Gold Beverage's Enterprise Value for Today is $5.39 Mil.
Kona Gold Beverage Market Cap Historical Data
The historical data trend for Kona Gold Beverage'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.
Competitive Comparison of Kona Gold Beverage's Market Cap
For the Drug Manufacturers - Specialty & Generic subindustry, Kona Gold Beverage'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.
Kona Gold Beverage's Market Cap Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Kona Gold Beverage's Market Cap distribution charts can be found below:
* The bar in red indicates where Kona Gold Beverage's Market Cap falls into.
Kona Gold Beverage 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.
Kona Gold Beverage's Market Cap for the fiscal year that ended in Dec. 2022 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.
Kona Gold Beverage (OTCPK:KGKG) 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.
Kona Gold Beverage Market Cap Related Terms
Thank you for viewing the detailed overview of Kona Gold Beverage's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Kona Gold Beverage (Kona Gold Beverage) Business Description
Kona Gold Beverage Inc is a United States-based lifestyle hemp company. The company specializes in developing hemp and CBD products in the functional beverage and fitness markets. The company focuses on the hemp energy drink, low-carb and low-calorie lemonade, and CBD water markets. It generates maximum revenue from retail products.
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