What is a market cap?

You may have seen the following market capitalization categories on financial news and investing websites (all figures in U.S. currency):

• Micro-cap: Market capitalization below $250 million
• Small-cap: Market capitalization between $250 million and $2 billion
• Mid-cap: Market capitalization between $2 billion and $10 billion
• Large-cap: Market capitalization between $10 billion and $200 billion
• Mega-cap: Market capitalization above $200 billion

Example: “The TSX has a market cap of over US$3 trillion.”

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About MoneySense Editors

MoneySense editors and journalists work closely with leading personal finance experts in Canada. Since 1999, our award-winning magazine has helped Canadians navigate money matters.

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