Sunlight Financial Holdings is a holding company. Through its subsidiary, Sunlight Financial LLC, Co. operates as a business-to-business-to-consumer, technology-enabled point-of-sale (POS) financing platform that provides residential solar and home improvement contractors the ability to provide POS financing to their customers when purchasing residential solar systems or other home improvements. The resulting loans are funded by Co.'s capital providers. These loans are facilitated by Co.'s proprietary technology platform, through which Co. provides credit decisions to homeowners at the POS on behalf of Co.'s capital providers. We show 9 historical shares outstanding datapoints in our SUNL shares outstanding history coverage, used to compute SUNL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SUNL market cap history over the course of time is important for investors
interested in comparing SUNL'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 SUNL versus a peer is one thing; comparing
SUNL 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 SUNL can fluctuate over the course of history.
With this page we aim to empower investors researching SUNL by allowing them to research the SUNL market cap history. |
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Video: The Importance of Market Cap
