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). THC Therapeutics's share price for the quarter that ended in Jul. 2023 was $0.003. THC Therapeutics's Shares Outstanding (EOP) for the quarter that ended in Jul. 2023 was 34.15 Mil. Therefore, THC Therapeutics's market cap for the quarter that ended in Jul. 2023 was $0.10 Mil.
THC Therapeutics's quarterly market cap
declined
from Jan. 2023 ($1.08 Mil) to Apr. 2023 ($0.09 Mil) but then
increased
from Apr. 2023 ($0.09 Mil) to Jul. 2023 ($0.10 Mil).
THC Therapeutics's annual market cap
declined
from Jul. 2021 ($3.13 Mil) to Jul. 2022 ($0.88 Mil) and
declined
from Jul. 2022 ($0.88 Mil) to Jul. 2023 ($0.10 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. THC Therapeutics's Enterprise Value for Today is $0.85 Mil.
THC Therapeutics Market Cap Historical Data
The historical data trend for THC Therapeutics'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 THC Therapeutics's Market Cap
For the Drug Manufacturers - Specialty & Generic subindustry, THC Therapeutics'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.
THC Therapeutics's Market Cap Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, THC Therapeutics's Market Cap distribution charts can be found below:
* The bar in red indicates where THC Therapeutics's Market Cap falls into.
THC Therapeutics 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.
THC Therapeutics's Market Cap for the fiscal year that ended in Jul. 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.
THC Therapeutics (OTCPK:THCT) 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.
THC Therapeutics Market Cap Related Terms
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THC Therapeutics (THC Therapeutics) Business Description
THC Therapeutics Inc is a United States-based company. It is focused on developing dHydronator, a sanitizing herb dryer. The main function of the dHydronator is to accelerate the drying time of an herb while sanitizing it. The dHydronator can be used to dry a variety of herbs, and it has been specifically tested for use with cannabis. It will reduce the drying time for cannabis from 10-14 days down to less than 14 hours.
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