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). Localiza Rent A Car's share price for the quarter that ended in Mar. 2024 was $11.37. Localiza Rent A Car's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,061 Mil. Therefore, Localiza Rent A Car's market cap for the quarter that ended in Mar. 2024 was $12,068 Mil.
Localiza Rent A Car's quarterly market cap
increased
from Sep. 2023 ($12,893 Mil) to Dec. 2023 ($13,706 Mil) but then
declined
from Dec. 2023 ($13,706 Mil) to Mar. 2024 ($12,068 Mil).
Localiza Rent A Car's annual market cap
increased
from Dec. 2021 ($6,953 Mil) to Dec. 2022 ($9,709 Mil) and
increased
from Dec. 2022 ($9,709 Mil) to Dec. 2023 ($13,706 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. Localiza Rent A Car's Enterprise Value for Today is $14,659 Mil.
Localiza Rent A Car Market Cap Historical Data
The historical data trend for Localiza Rent A Car'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 Localiza Rent A Car's Market Cap
For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.
Localiza Rent A Car's Market Cap Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Localiza Rent A Car's Market Cap distribution charts can be found below:
* The bar in red indicates where Localiza Rent A Car's Market Cap falls into.
Localiza Rent A Car 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.
Localiza Rent A Car's Market Cap for the fiscal year that ended in Dec. 2023 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.
Localiza Rent A Car (OTCPK:LZRFY) 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.
Localiza Rent A Car Market Cap Related Terms
Thank you for viewing the detailed overview of Localiza Rent A Car's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Localiza Rent A Car (Localiza Rent A Car) Business Description
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.
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