Asana is a work management platform. Co. is a system of record and primary platform for cross-functional work. Co. is powered by a data model called the Asana Work Graph. The Asana Work Graph captures and associates units of work (tasks, projects, milestones, goals, and portfolios), the people responsible for executing those units of work, the processes in which work gets done (rules, templates, and workflows), information about that work (files, comments, status, and metadata), and the relationships across and within this data. The Asana Work Graph provides individuals, team leads, and executives with views into the work that is relevant to them, across multiple people and projects. We show 13 historical shares outstanding datapoints in our ASAN shares outstanding history coverage, used to compute ASAN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ASAN market cap history over the course of time is important for investors
interested in comparing ASAN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ASAN versus a peer is one thing; comparing
ASAN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ASAN can fluctuate over the course of history.
With this page we aim to empower investors researching ASAN by allowing them to research the ASAN market cap history. |
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Video: The Importance of Market Cap
