Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : A$31.49 Million

According to Sovereign Metals's latest financial reports the company has A$31.49 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.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	A$31.56 M	467.25%
2023-06-30	A$5.56 M	-70.55%
2022-06-30	A$18.89 M	137.42%
2021-06-30	A$7.95 M	236.54%
2020-06-30	A$2.36 M	-43.41%
2019-06-30	A$4.17 M	5.93%
2018-06-30	A$3.94 M	75.21%
2017-06-30	A$2.25 M	-19.42%
2016-06-30	A$2.79 M	162.15%
2015-06-30	A$1.06 M	-64.83%
2014-06-30	A$3.03 M	45.52%
2013-06-30	A$2.08 M	-7.9%
2012-06-30	A$2.26 M	-15.16%
2011-06-30	A$2.66 M	283.16%
2010-06-30	A$0.69 M	-50.41%
2009-06-30	A$1.4 M	-59.47%
2008-06-30	A$3.46 M	-43.85%
2007-06-30	A$6.16 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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Sovereign Metals (SVM.AX) - Cash on Hand