
Norse Atlantic ASA (NRSAF) Market Cap
Market Cap: $84.08M
Avg Volume: 1.01K
Industry: Airlines, Airports & Air Services
Sector: Industrials
Market Cap Overview
Market Cap
$84.08M
Share Price
$0.5689
Shares Outstanding
147.80M
What is Norse Atlantic ASA's Market Cap?
Norse Atlantic ASA's current Market Cap as of today is $84.08M.
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 Norse Atlantic ASA, the market cap is calculated as $0.5689 x 147.80M shares = $84.08M.
As a Micro Cap company, Norse Atlantic ASA is a very small company that may be in its early stages.
Norse Atlantic ASA Historical Market Cap
Norse Atlantic ASA Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Norse Atlantic ASA, 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
Norse Atlantic ASA's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $84.08M
- Total Debt: $927.77M
- Cash and Equivalents: $9.65M
- Enterprise Value: $962.91M
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.
Norse Atlantic ASA Annual Market Cap History
Year | Market Cap | Change |
---|---|---|
2025 | $84.08M | 87.73% |
2024 | $44.79M | -44.17% |
2023 | $80.22M | 365.19% |
2022 | $17.24M | -78.02% |
2021 | $78.44M | N/A |
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