Altius Renewable Royalties (TSX:ARR) Market Cap : C$285.40 Mil (As of May. 26, 2024)

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What is Altius Renewable Royalties 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). Altius Renewable Royalties's share price for the quarter that ended in Mar. 2024 was C$9.27. Altius Renewable Royalties's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 30.79 Mil. Therefore, Altius Renewable Royalties's market cap for the quarter that ended in Mar. 2024 was C$285.40 Mil.

Altius Renewable Royalties's quarterly market cap declined from Sep. 2023 (C$257.08 Mil) to Dec. 2023 (C$242.61 Mil) but then increased from Dec. 2023 (C$242.61 Mil) to Mar. 2024 (C$285.40 Mil).

Altius Renewable Royalties's annual market cap declined from Dec. 2021 (C$291.39 Mil) to Dec. 2022 (C$272.43 Mil) and declined from Dec. 2022 (C$272.43 Mil) to Dec. 2023 (C$242.61 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. Altius Renewable Royalties's Enterprise Value for Today is C$193.12 Mil.

Altius Renewable Royalties Market Cap Historical Data

The historical data trend for Altius Renewable Royalties'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.

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Altius Renewable Royalties Market Cap Chart

Altius Renewable Royalties Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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291.39

272.43

242.61

Altius Renewable Royalties Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Market Cap	Get a 7-Day Free Trial														265.96	277.66	257.08	242.61	285.40

Competitive Comparison of Altius Renewable Royalties's Market Cap

For the Utilities - Renewable subindustry, Altius Renewable Royalties'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.

Altius Renewable Royalties's Market Cap Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altius Renewable Royalties's Market Cap distribution charts can be found below:

* The bar in red indicates where Altius Renewable Royalties's Market Cap falls into.

Altius Renewable Royalties 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.

Altius Renewable Royalties'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 )
	=	C$7.88	*	30.7876
	=	C$242.61

Altius Renewable Royalties'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 )
	=	C$9.27	*	30.7876
	=	C$285.40

Altius Renewable Royalties (TSX:ARR) 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.

Altius Renewable Royalties Market Cap Related Terms

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Altius Renewable Royalties (TSX:ARR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altius Renewable Royalties Corp (TSX:ARR) » Definitions » Market Cap

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ATRWF:USA 7VZ:Germany

Address

38 Duffy Place, 2nd Floor, Saint Johns, NL, CAN, A1B 4M5

Website

https://www.arr.energy

Altius Renewable Royalties Corp is a renewable energy royalty company whose business is to invest in renewable power developers and originators. The company's long-term strategy is to gain exposure to revenue underlying renewable energy operations by acquiring and managing a portfolio of diversified renewable energy royalties including acquiring royalties and other interests directly from project originators, developers, operators, and third-party holders of existing royalties. The Company manages its business under one operating segment consisting of the acquisition and management of renewable energy investments and royalties in North America.

Executives

Frederick James Mifflin	Director or Senior Officer of 10% Security Holder
André Gaumond	Director, Director or Senior Officer of 10% Security Holder
Karen Elaine Clarke-whistler	Director
Brian Dalton	Director or Senior Officer of 10% Security Holder, Senior Officer