Shift Technologies (SFT) Market Cap

Price: $0.1703
Market Cap: $2.89M
Avg Volume: 173.14M
Country: US
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 1.417868
52W Range: $0.1451-0.289
Website: Shift Technologies

Market Cap Overview

Market Cap

$2.89M

Share Price

$0.1703

Shares Outstanding

16.95M


What is Shift Technologies's Market Cap?

Shift Technologies's current Market Cap as of today is $2.89M.

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 Shift Technologies, the market cap is calculated as $0.1703 x 16.95M shares = $2.89M.

As a Micro Cap company, Shift Technologies is a very small company that may be in its early stages.

Shift Technologies Historical Market Cap

$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00Market CapJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
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Shift Technologies Market Cap vs Enterprise Value

Understanding Market Cap vs. Enterprise Value

While market cap represents the equity value of Shift Technologies, enterprise value provides a more complete picture of the company's total value by including debt and cash:

Market Cap
Enterprise Value
$1.60B$1.60B$1.20B$1.20B$800.00M$800.00M$400.00M$400.00M$0.00$0.00ValueJul '19Jul '1920202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '23
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Enterprise Value = Market Cap + Total Debt - Cash and Equivalents

Shift Technologies's enterprise value as of June 30, 2023 (Q2 2023) is calculated as:

  • Market Cap: $2.89M
  • Total Debt: $200.07M
  • Cash and Equivalents: $23.26M
  • Enterprise Value: $213.61M

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.

Shift Technologies Annual Market Cap History

Year Market Cap Change
2025 $2.89M -77.58%
2022 $12.88M -95.17%
2021 $266.37M 70.11%
2020 $156.58M -80.93%
2019 $821.07M N/A

Frequently Asked Questions

Shift Technologies's current market capitalization is $2.89M. This makes it a Micro Cap company, calculated by multiplying its current stock price of $0.1703 by 16.95M outstanding shares.

Shift Technologies's enterprise value is $213.61M. This is calculated by adding total debt ($200.07M) to market cap and subtracting cash and equivalents ($23.26M). Enterprise value provides a more complete picture of the company's total value by considering both its debt and cash positions.

Shift Technologies has 16.95M shares outstanding. This number represents the total number of shares currently held by all shareholders, including company insiders, institutional investors, and the public.

Shift Technologies is classified as a Micro Cap company. Micro-cap companies are the smallest publicly traded companies with market caps below $300 million.

Shift Technologies's market cap is calculated by multiplying its current stock price ($0.1703) by its total number of outstanding shares (16.95M). This calculation represents the total market value of all the company's outstanding shares at the current market price.

Related Metrics

Explore detailed financial metrics and analysis for SFT.