M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : A$13.22 Million

According to M2i Formation's latest financial reports the company has A$13.22 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

M2i Formation - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$12.35 M	18.89%
2022-12-31	A$10.39 M	-34.48%
2021-12-31	A$15.86 M	-17.24%
2020-12-31	A$19.16 M	112.15%
2019-12-31	A$9.03 M	20.15%
2018-12-31	A$7.52 M	-17.02%
2017-12-31	A$9.06 M	62.37%
2016-12-31	A$5.58 M

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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M2i Formation (ALMII.PA) - Cash on Hand