Market capitalization of Nextel Communications (NXTL.defunct.2005)

All time high intraday market cap: NZ$55.57 Billion (July 14, 2000)

Last known market cap: NZ$65.88 Billion

On August 12, 2005 Nextel Communications had a market cap of NZ$65.88 Billion. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Nextel Communications from 1997 to 2005

End of year Market Cap

Year	Marketcap	Change
2005	NZ$55.56 B	17.27%
2004	NZ$47.38 B	-0.89%
2003	NZ$47.81 B	133.58%
2002	NZ$20.46 B	-2.94%
2001	NZ$21.08 B	-50.44%
2000	NZ$42.54 B	-35.33%
1999	NZ$65.79 B	410.1%
1998	NZ$12.89 B	17.57%
1997	NZ$10.97 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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