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Norse Atlantic ASA (OSL:NORSE) Market Cap : kr1,279 Mil (As of Jun. 06, 2024)


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What is Norse Atlantic ASA Market Cap?

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). Norse Atlantic ASA's share price for the quarter that ended in Mar. 2024 was kr8.02. Norse Atlantic ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 129 Mil. Therefore, Norse Atlantic ASA's market cap for the quarter that ended in Mar. 2024 was kr1,031 Mil.

Norse Atlantic ASA's quarterly market cap increased from Sep. 2023 (kr1,392 Mil) to Dec. 2023 (kr1,479 Mil) but then declined from Dec. 2023 (kr1,479 Mil) to Mar. 2024 (kr1,031 Mil).

Norse Atlantic ASA's annual market cap declined from Dec. 2021 (kr1,161 Mil) to Dec. 2022 (kr413 Mil) but then increased from Dec. 2022 (kr413 Mil) to Dec. 2023 (kr1,479 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. Norse Atlantic ASA's Enterprise Value for Today is kr11,231 Mil.


Norse Atlantic ASA Market Cap Historical Data

The historical data trend for Norse Atlantic ASA'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.

* Premium members only.

Norse Atlantic ASA Market Cap Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
1,161.38 413.20 1,478.77

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 976.84 1,375.32 1,391.95 1,478.77 1,030.76

Competitive Comparison of Norse Atlantic ASA's Market Cap

For the Airlines subindustry, Norse Atlantic ASA'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.


Norse Atlantic ASA's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's Market Cap distribution charts can be found below:

* The bar in red indicates where Norse Atlantic ASA's Market Cap falls into.



Norse Atlantic ASA 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.

Norse Atlantic ASA'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 )
=kr12.1*122.212
=kr1,479

Norse Atlantic ASA'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 )
=kr8.02*128.524
=kr1,031

* 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.


Norse Atlantic ASA  (OSL:NORSE) 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 company’s 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.


Norse Atlantic ASA Market Cap Related Terms

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Norse Atlantic ASA (OSL:NORSE) Business Description

Traded in Other Exchanges
Address
Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is a new innovative airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly Boeing 787 Dreamliners. Geographically, the company operates in Norway. United Kingdom, Europe, The USA and Other.

Norse Atlantic ASA (OSL:NORSE) Headlines

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