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). Syra Health's share price for the quarter that ended in Mar. 2024 was $1.38. Syra Health's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 6.60 Mil. Therefore, Syra Health's market cap for the quarter that ended in Mar. 2024 was $9.11 Mil.
Syra Health's quarterly market cap
declined
from Sep. 2023 ($17.93 Mil) to Dec. 2023 ($6.52 Mil) but then
increased
from Dec. 2023 ($6.52 Mil) to Mar. 2024 ($9.11 Mil).
Syra Health's annual market cap
stayed the same
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then
increased
from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($6.52 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. Syra Health's Enterprise Value for Today is $5.69 Mil.
Syra Health Market Cap Historical Data
The historical data trend for Syra Health'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 Syra Health's Market Cap
For the Medical Care Facilities subindustry, Syra Health'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.
Syra Health's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Syra Health's Market Cap distribution charts can be found below:
* The bar in red indicates where Syra Health's Market Cap falls into.
Syra Health 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.
Syra Health'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.
Syra Health (NAS:SYRA) 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.
Syra Health Market Cap Related Terms
Thank you for viewing the detailed overview of Syra Health's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Syra Health Corp is a healthcare services company promoting preventative health, holistic wellness, health education, and equitable healthcare for all patient demographics. The company leverages deep scientific and healthcare expertise to create strategic frameworks and develop patient-centric solutions for the betterment of patient lives and health outcome linked to developing a healthier population. It strives to offer comprehensive end-to-end solutions in health education services, population health management, behavioral and mental health, healthcare workforce and digital health. The Company has two main forms of revenue - healthcare staffing revenue and medical communication revenue. The majority of revenue is derived from healthcare staffing.
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