Asta Funding is engaged in several business segments in the financial services industry including servicing of personal injury claims, through its wholly owned subsidiaries Sylvave LLC, Simia Capital, LLC and Arthur Funding LLC, social security disability advocacy through its wholly owned subsidiaries GAR Disability Advocates, LLC and Five Star Veterans Disability, LLC, and the business of purchasing, managing for its own account and servicing distressed charged off consumer receivables, including charged off receivables, and semi-performing receivables. Co. operates principally in the following segments: consumer receivables, social security disability advocacy and personal injury claims. We show 44 historical shares outstanding datapoints in our ASFI shares outstanding history coverage, used to compute ASFI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ASFI market cap history over the course of time is important for investors
interested in comparing ASFI'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 ASFI versus a peer is one thing; comparing
ASFI 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 ASFI can fluctuate over the course of history.
With this page we aim to empower investors researching ASFI by allowing them to research the ASFI market cap history. |
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Video: The Importance of Market Cap
