MFS High Income Municipal Trust (CXE) Market Cap
Market Cap: $112.55M
Avg Volume: 83.81K
Industry: Asset Management - Income
Sector: Financial Services
Market Cap Overview
Market Cap
$112.55M
Share Price
$3.57
Shares Outstanding
31.53M
What is MFS High Income Municipal Trust's Market Cap?
MFS High Income Municipal Trust's current Market Cap as of today is $112.55M.
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 MFS High Income Municipal Trust, the market cap is calculated as $3.57 x 31.53M shares = $112.55M.
As a Micro Cap company, MFS High Income Municipal Trust is a very small company that may be in its early stages.
MFS High Income Municipal Trust Historical Market Cap
MFS High Income Municipal Trust Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of MFS High Income Municipal Trust, 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
MFS High Income Municipal Trust's enterprise value as of November 30, 2024 (Q4 2024) is calculated as:
- Market Cap: $112.55M
- Total Debt: $-
- Cash and Equivalents: $64.45K
- Enterprise Value: $-64.45K
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A lower enterprise value indicates a strong net cash position.
MFS High Income Municipal Trust Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $112.55M | N/A |
| 2024 | $- | -100.00% |
| 2023 | $106.87M | -7.63% |
| 2022 | $115.70M | -27.18% |
| 2021 | $158.89M | 22.19% |
| 2020 | $130.04M | -25.66% |
| 2019 | $174.93M | 18.87% |
| 2018 | $147.16M | -12.25% |
| 2017 | $167.70M | 886.36% |
| 2016 | $17.00M | -89.03% |
| 2015 | $155.00M | 3.58% |
| 2014 | $149.64M | 7.22% |
| 2013 | $139.56M | -23.97% |
| 2012 | $183.56M | 17.07% |
| 2010 | $156.80M | N/A |
Frequently Asked Questions
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