Algorhythm Holdings (RIME) Market Cap
Market Cap: $5.75M
Avg Volume: 361.61K
Industry: Consumer Electronics
Sector: Technology
Market Cap Overview
Market Cap
$5.75M
Share Price
$2.4
Shares Outstanding
2.39M
What is Algorhythm Holdings's Market Cap?
Algorhythm Holdings's current Market Cap as of today is $5.75M.
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 Algorhythm Holdings, the market cap is calculated as $2.4 x 2.39M shares = $5.75M.
As a Micro Cap company, Algorhythm Holdings is a very small company that may be in its early stages.
Algorhythm Holdings Historical Market Cap
Algorhythm Holdings Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Algorhythm Holdings, 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
Algorhythm Holdings's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $5.75M
- Total Debt: $650.00K
- Cash and Equivalents: $7.55M
- Enterprise Value: $-6.90M
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.
Algorhythm Holdings Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $5.75M | N/A |
| 2024 | $- | -100.00% |
| 2023 | $979.09M | 11.59% |
| 2022 | $877.36M | -97.87% |
| 2021 | $41.28B | 1197.39% |
| 2020 | $3.18B | -90.19% |
| 2019 | $32.43B | -54.64% |
| 2018 | $71.49B | 2177.97% |
| 2017 | $3.14B | -97.10% |
| 2016 | $108.06B | 47.25% |
| 2015 | $73.39B | 5491.48% |
| 2014 | $1.31B | -96.63% |
| 2013 | $38.90B | -31.85% |
| 2012 | $57.07B | 127.85% |
| 2011 | $25.05B | 8198.44% |
| 2010 | $301.85M | -95.39% |
| 2009 | $6.54B | -58.42% |
| 2008 | $15.73B | -63.56% |
| 2007 | $43.18B | -60.50% |
| 2006 | $109.33B | 466.62% |
| 2005 | $19.29B | -50.39% |
| 2004 | $38.90B | N/A |
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Explore detailed financial metrics and analysis for RIME.