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). Nickel Asia's share price for the quarter that ended in Mar. 2024 was ₱4. Nickel Asia's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 13,931 Mil. Therefore, Nickel Asia's market cap for the quarter that ended in Mar. 2024 was ₱55,724 Mil.
Nickel Asia's quarterly market cap
declined
from Sep. 2023 (₱84,959 Mil) to Dec. 2023 (₱76,342 Mil) and
declined
from Dec. 2023 (₱76,342 Mil) to Mar. 2024 (₱55,724 Mil).
Nickel Asia's annual market cap
increased
from Dec. 2021 (₱72,925 Mil) to Dec. 2022 (₱79,604 Mil) but then
declined
from Dec. 2022 (₱79,604 Mil) to Dec. 2023 (₱76,342 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. Nickel Asia's Enterprise Value for Today is ₱50,424 Mil.
Nickel Asia Market Cap Historical Data
The historical data trend for Nickel Asia'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 Nickel Asia's Market Cap
For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.
Nickel Asia's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Market Cap distribution charts can be found below:
* The bar in red indicates where Nickel Asia's Market Cap falls into.
Nickel Asia 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.
Nickel Asia'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.
Nickel Asia (PHS:NIKL) 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.
Nickel Asia Market Cap Related Terms
Thank you for viewing the detailed overview of Nickel Asia's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nickel Asia Corp is a nickel ore mining company engaged in operating five mines; the Rio Tuba mine, the Taganito mine, the Tagana-an mine, the Cagdianao mine, and the Dinapigue mine. It produces saprolite (nickel ore with an iron content of less than 20%) and limonite (nickel ore with an iron content greater than 20%) ore. The company has three operating segments; The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, The services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and The power segment is into power generation and exploration for geothermal resources.
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