ToughBuilt Industries designs, manufactures, and distributes tools and accessories to the building industry. Co. markets and distributes various home improvement and construction product lines for both Do-It-Yourself and other markets under the TOUGHBUILT® brand name. TOUGHBUILT® manufactures and distributes an array of tool belts, tool bags, and other personal tool organizer products. Co. also manufactures and distributes a line of knee pads for various construction applications, a variety of metal goods. Co.'s line of job site tools and material support products consists of a line of miter saw and table saw stands, saw horses/job site tables, roller stands and workbench. We show 19 historical shares outstanding datapoints in our TBLT shares outstanding history coverage, used to compute TBLT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TBLT market cap history over the course of time is important for investors
interested in comparing TBLT'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 TBLT versus a peer is one thing; comparing
TBLT 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 TBLT can fluctuate over the course of history.
With this page we aim to empower investors researching TBLT by allowing them to research the TBLT market cap history. |
Free TBLT Email Alerts:
Video: The Importance of Market Cap
