Tandy Leather Factory is a retailer of leather and leathercraft-related items. Co. sells its products primarily through company-owned stores and through orders generated from its four websites: tandyleather.com, tandyleather.ca, tandyleather.eu and tandyleather.com.au. Co. also manufactures leather lace, cut leather pieces and most of the do-it-yourself kits that are sold in its stores and on its websites. Co. also provides production services to its business customers such as cutting (clicking), splitting, and some assembly. Co. distributes product under the Tandy Leather™, Eco-Flo™, Craftool™, CraftoolPro™ and Dr. Jackson's™ brands, along with its TandyPro® products. We show 46 historical shares outstanding datapoints in our TLF shares outstanding history coverage, used to compute TLF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TLF market cap history over the course of time is important for investors
interested in comparing TLF'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 TLF versus a peer is one thing; comparing
TLF 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 TLF can fluctuate over the course of history.
With this page we aim to empower investors researching TLF by allowing them to research the TLF market cap history. |
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Video: The Importance of Market Cap
