Smartoptics Group (SMOP.OL)

Cash on Hand as of December 2024 : A$12.6 Million

According to Smartoptics Group's latest financial reports the company has A$12.6 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.

Smartoptics Group - Cash on Hand chart (from 2021 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	A$12.81 M	-5.78%
2023-12-31	A$13.6 M	65.01%
2022-12-31	A$8.24 M	464.3%
2021-12-31	A$1.46 M	106.03%
2020-12-31	A$0.7 M	109.48%
2019-12-31	A$0.33 M	-21.03%
2018-12-31	A$0.42 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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Smartoptics Group (SMOP.OL) - Cash on Hand