Greencoat Renewables PLC Market cap
What is the Market cap of Greencoat Renewables PLC?
The Market cap of Greencoat Renewables PLC is $1.34B
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Utilities sector on EURONEXT compared to Greencoat Renewables PLC
What does Greencoat Renewables PLC do?
Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in Ireland and France. As of December 31, 2020, it operated 21 wind farms with an aggregate generating capacity of 557 megawatts in Ireland. It also invests in wind and solar assets in other Northern European countries. Greencoat Renewables PLC was incorporated in 2017 and is based in Dublin, Ireland.
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