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). Middlesex Water Co's share price for the quarter that ended in Dec. 2023 was $65.62. Middlesex Water Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 17.8 Mil. Therefore, Middlesex Water Co's market cap for the quarter that ended in Dec. 2023 was $1,169.4 Mil.
Middlesex Water Co's quarterly market cap
declined
from Jun. 2023 ($1,430.0 Mil) to Sep. 2023 ($1,177.3 Mil) and
declined
from Sep. 2023 ($1,177.3 Mil) to Dec. 2023 ($1,169.4 Mil).
Middlesex Water Co's annual market cap
declined
from Dec. 2021 ($2,107.9 Mil) to Dec. 2022 ($1,387.9 Mil) and
declined
from Dec. 2022 ($1,387.9 Mil) to Dec. 2023 ($1,169.4 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. Middlesex Water Co's Enterprise Value for Today is $1,287.5 Mil.
Middlesex Water Co Market Cap Historical Data
The historical data trend for Middlesex Water Co'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 Middlesex Water Co's Market Cap
For the Utilities - Regulated Water subindustry, Middlesex Water Co'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.
Middlesex Water Co's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Middlesex Water Co's Market Cap falls into.
Middlesex Water Co 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.
Middlesex Water Co'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.
Middlesex Water Co (NAS:MSEX) 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.
Middlesex Water Co Market Cap Related Terms
Thank you for viewing the detailed overview of Middlesex Water Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Middlesex Water Co (Middlesex Water Co) Business Description
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
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