Of course market cap is not the same as the equity value of a company. However market cap numbers are useful in comparing public companies to one another, and f

Of course market cap is not the same as the equity value of a company. However market cap numbers are useful in comparing public companies to one another, and for broad categorizations of the scale of a business. Ref: https://www.investopedia.com/terms/m/marketcapitalization.asp#misconceptions-about-market-caps https://www.investopedia.com/terms/m/marketcapitalization.as...