Workiva is a provider of cloud-based compliance and regulatory reporting solutions. Co.'s platform is based on single instance, multi-tenant software applications deployed in the cloud. Co. provides customers controlled collaboration, data linking, data integrations, granular permissions, process management and an audit trail on its proprietary platform. Customers use Co.'s platform to create, review and publish data-linked documents. Co.'s platform allows its customers connect data from Enterprise Resource Planning, Governance Risk and Compliance, Human Capital Management and Customer Relationship Management systems, as well as other third-party cloud and on-premise applications. We show 31 historical shares outstanding datapoints in our WK shares outstanding history coverage, used to compute WK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WK market cap history over the course of time is important for investors
interested in comparing WK'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 WK versus a peer is one thing; comparing
WK 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 WK can fluctuate over the course of history.
With this page we aim to empower investors researching WK by allowing them to research the WK market cap history. |
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Video: The Importance of Market Cap
