Umbrella Solar Investment (USI.MC)

Cash on Hand as of December 2023 : A$23.3 Million

According to Umbrella Solar Investment's latest financial reports the company has A$23.3 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.

Umbrella Solar Investment - Cash on Hand chart (from 2022 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$22.29 M	-12.35%
2022-12-31	A$25.44 M	705%
2021-12-31	A$3.16 M	-64.91%
2020-12-31	A$9 M	501.95%
2019-12-31	A$1.49 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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Umbrella Solar Investment (USI.MC) - Cash on Hand