Market Cap Overview
Market Cap
$2.93B
Share Price
$2.28
Shares Outstanding
1.28B
What is Iren SpA's Market Cap?
Iren SpA's current Market Cap as of today is $2.93B.
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 Iren SpA, the market cap is calculated as $2.28 x 1.28B shares = $2.93B.
As a Mid Cap company, Iren SpA is a medium-sized company with significant growth potential.
Iren SpA Historical Market Cap
Iren SpA Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Iren SpA, 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
Iren SpA's enterprise value as of September 30, 2024 (Q3 2024) is calculated as:
- Market Cap: $2.93B
- Total Debt: $-
- Cash and Equivalents: $527.18M
- Enterprise Value: $2.08B
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.
Iren SpA Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $2.93B | 15.74% |
| 2023 | $2.53B | 34.01% |
| 2022 | $1.89B | -44.54% |
| 2021 | $3.40B | 23.59% |
| 2020 | $2.75B | -23.23% |
| 2019 | $3.58B | 32.09% |
| 2018 | $2.71B | -14.95% |
| 2017 | $3.19B | 60.26% |
| 2016 | $1.99B | 4.70% |
| 2015 | $1.90B | 64.55% |
| 2014 | $1.16B | -18.42% |
| 2013 | $1.42B | 131.25% |
| 2012 | $612.59M | -34.02% |
| 2011 | $928.45M | -29.54% |
| 2010 | $1.32B | 19.07% |
| 2009 | $1.11B | 43.84% |
| 2008 | $769.34M | -63.29% |
| 2007 | $2.10B | 48.43% |
| 2006 | $1.41B | 51.92% |
| 2005 | $929.29M | 8.07% |
| 2004 | $859.90M | 45.41% |
| 2003 | $591.36M | N/A |
Frequently Asked Questions
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