Tactile Systems Technology's quarterly market cap
increased
from Sep. 2023 ($330.1 Mil) to Dec. 2023 ($337.5 Mil) and
increased
from Dec. 2023 ($337.5 Mil) to Mar. 2024 ($386.1 Mil).
Tactile Systems Technology's annual market cap
declined
from Dec. 2021 ($378.3 Mil) to Dec. 2022 ($232.5 Mil) but then
increased
from Dec. 2022 ($232.5 Mil) to Dec. 2023 ($337.5 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. Tactile Systems Technology's Enterprise Value for Today is $263.4 Mil.
Tactile Systems Technology Market Cap Historical Data
* 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 Tactile Systems Technology's Market Cap
For the Medical Devices subindustry, Tactile Systems Technology'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.
Tactile Systems Technology's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's Market Cap distribution charts can be found below:
* The bar in red indicates where Tactile Systems Technology's Market Cap falls into.
Tactile Systems Technology 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.
* 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.
Tactile Systems Technology (NAS:TCMD) 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.
Tactile Systems Technology Market Cap Related Terms
Thank you for viewing the detailed overview of Tactile Systems Technology's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tactile Systems Technology (Tactile Systems Technology) Business Description
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
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