Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : C$13.23 Million

According to Middle East Specialized Cables Company's latest financial reports the company has C$13.23 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.

Middle East Specialized Cables Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$7.42 M	-52.7%
2022-12-31	C$15.7 M	-32.07%
2021-12-31	C$23.11 M	37.68%
2020-12-31	C$16.79 M	236.59%
2019-12-31	C$4.98 M	-12.4%
2018-12-31	C$5.69 M	19.76%
2017-12-31	C$4.75 M	-50.56%
2016-12-31	C$9.61 M	-25.56%
2015-12-31	C$12.91 M	58.9%
2014-12-31	C$8.13 M	-23.63%
2013-12-31	C$10.64 M	-42.81%
2012-12-31	C$18.61 M	546.63%
2011-12-31	C$2.87 M	-49.22%
2010-12-31	C$5.67 M	-4.99%
2009-12-31	C$5.96 M	-55.87%
2008-12-31	C$13.52 M	-66.46%
2007-12-31	C$40.31 M	996.73%
2006-12-31	C$3.67 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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Middle East Specialized Cables Company (2370.SR) - Cash on Hand