
Crinetics Pharmaceuticals (CRNX) Market Cap
Market Cap: $3.03B
Avg Volume: 1.01M
Industry: Biotechnology
Sector: Healthcare
Market Cap Overview
Market Cap
$3.03B
Share Price
$32.6
Shares Outstanding
93.05M
What is Crinetics Pharmaceuticals's Market Cap?
Crinetics Pharmaceuticals's current Market Cap as of today is $3.03B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Crinetics Pharmaceuticals, the market cap is calculated as $32.6 x 93.05M shares = $3.03B.
As a Mid Cap company, Crinetics Pharmaceuticals is a medium-sized company with significant growth potential.
Crinetics Pharmaceuticals Historical Market Cap
Crinetics Pharmaceuticals Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Crinetics Pharmaceuticals, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Crinetics Pharmaceuticals's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $3.03B
- Total Debt: $51.72M
- Cash and Equivalents: $264.55M
- Enterprise Value: $4.47B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Crinetics Pharmaceuticals Annual Market Cap History
Year | Market Cap | Change |
---|---|---|
2025 | $3.03B | -26.56% |
2024 | $4.13B | 99.91% |
2023 | $2.07B | 117.20% |
2022 | $951.27M | -12.88% |
2021 | $1.09B | 154.17% |
2020 | $429.62M | -29.17% |
2019 | $606.55M | 66.57% |
2018 | $364.14M | 7.05% |
2017 | $340.15M | 0.00% |
2016 | $340.15M | N/A |
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Explore detailed financial metrics and analysis for CRNX.