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). Progressive Care's share price for the quarter that ended in Mar. 2024 was $2.3. Progressive Care's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 6.24 Mil. Therefore, Progressive Care's market cap for the quarter that ended in Mar. 2024 was $14.35 Mil.
Progressive Care's quarterly market cap
declined
from Sep. 2023 ($24.99 Mil) to Dec. 2023 ($19.54 Mil) and
declined
from Dec. 2023 ($19.54 Mil) to Mar. 2024 ($14.35 Mil).
Progressive Care's annual market cap
increased
from Dec. 2021 ($15.26 Mil) to Dec. 2022 ($21.76 Mil) but then
declined
from Dec. 2022 ($21.76 Mil) to Dec. 2023 ($19.54 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. Progressive Care's Enterprise Value for Today is $6.78 Mil.
Progressive Care Market Cap Historical Data
The historical data trend for Progressive Care'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 Progressive Care's Market Cap
For the Pharmaceutical Retailers subindustry, Progressive Care'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.
Progressive Care's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Progressive Care's Market Cap distribution charts can be found below:
* The bar in red indicates where Progressive Care's Market Cap falls into.
Progressive Care 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.
Progressive Care'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.
Progressive Care (OTCPK:RXMD) 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.
Progressive Care Market Cap Related Terms
Thank you for viewing the detailed overview of Progressive Care's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Progressive Care (Progressive Care) Business Description
Progressive Care Inc is a personalized healthcare services and technology company which provides prescription pharmaceutical services, risk management, and data analytics to healthcare organizations and providers. The company through its wholly-owned subsidiary Pharmco, provides prescription pharmaceuticals, compounded medications, tele-pharmacy services, anti-retroviral medications, medication therapy management, the supply of prescription medications to long-term care facilities, and health practice risk management. It also offers certain disease testing and vaccinations. It offers services in a variety of languages, including English, Spanish, French, Creole, Portuguese, Ukrainian, and Russian.
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