Market Capitalization is total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega cap, large cap, mid cap, small cap, micro cap, and nano cap. Market Cap is a measurement of business as total market value of all of outstanding shares at a given time, and can be used to compare different companies based on their size.
Western Market Capitalization Assessment
Based on recorded statements the market capitalization of Western Asset Global High Income Fund Inc is about 376.05 M. This is 97.73% lower than that of Financial sector, and 22.57% higher than that of Closed-End Fund - Debt industry, The Market Capitalization for all stocks is 96.87% higher than the company.
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Western Asset Global High Income Fund Inc is rated below average in market capitalization category among related companies. Market capitalization of Closed-End Fund - Debt industry is currently estimated at about 11.04 Billion. Western holds roughly 376.05 Million in market capitalization claiming about 3% of stocks in Closed-End Fund - Debt industry.
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