Next Technology Holding's quarterly market cap
declined
from Sep. 2023 ($35.26 Mil) to Dec. 2023 ($10.11 Mil) but then
increased
from Dec. 2023 ($10.11 Mil) to Mar. 2024 ($12.60 Mil).
Next Technology Holding's annual market cap
declined
from Dec. 2021 ($1,221.81 Mil) to Dec. 2022 ($66.32 Mil) and
declined
from Dec. 2022 ($66.32 Mil) to Dec. 2023 ($10.11 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. Next Technology Holding's Enterprise Value for Today is $-8.61 Mil.
Next Technology Holding Market Cap Historical Data
* 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 Next Technology Holding's Market Cap
For the Software - Application subindustry, Next Technology Holding'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.
Next Technology Holding's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Next Technology Holding's Market Cap distribution charts can be found below:
* The bar in red indicates where Next Technology Holding's Market Cap falls into.
Next Technology Holding 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.
Next Technology Holding'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.
Next Technology Holding (NAS:NXTT) 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.
Next Technology Holding Market Cap Related Terms
Thank you for viewing the detailed overview of Next Technology Holding's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Next Technology Holding (Next Technology Holding) Business Description
WeTrade Group Inc is engaged in providing technical services and solutions via its membership-based social e-commerce platform and chatGPT technical services. The company provides technology services to both individual and corporate users. It offers an international cloud-based intelligence system and independently developed a micro-business cloud intelligence system called the YCloud. The company also serves tourism, hospitality, livestreaming and short video, medical beauty, and traditional retail industries.
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