SFL is a holding company. Through its subsidiaries, Co. is an international ship owning and chartering company. Co. is engaged primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. Co. operates through subsidiaries located in Bermuda, Cyprus, Liberia, Norway, Singapore, the U.K. and the Marshall Islands. Co.'s assets consisted of crude oil tankers, dry bulk carriers, container vessels (including leased-in container vessels), car carriers, jack-up drilling rig, ultra-deepwater drilling unit, chemical tankers, and oil product tankers included in its wholly owned subsidiaries. We show 14 historical shares outstanding datapoints in our SFL shares outstanding history coverage, used to compute SFL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SFL market cap history over the course of time is important for investors
interested in comparing SFL'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 SFL versus a peer is one thing; comparing
SFL 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 SFL can fluctuate over the course of history.
With this page we aim to empower investors researching SFL by allowing them to research the SFL market cap history. |
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Video: The Importance of Market Cap
