Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : $65.45 Million USD

According to Electra Meccanica's latest financial reports the company has $65.45 Million USD 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.

Electra Meccanica - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$65.45 M	-51.25%
2022-12-31	$0.13 B	-39.5%
2021-12-31	$0.22 B	71.44%
2020-12-31	$0.12 B	1874.98%
2019-12-31	$6.55 M	-35.75%
2018-12-31	$10.2 M	87.42%
2017-12-31	$5.44 M	150.96%
2016-12-31	$2.16 M	3825.57%
2015-12-31	$0.05 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	$21.44 M	-67.24%	🇺🇸 USA
Nikola NKLA	$0.19 B	202.96%	🇺🇸 USA
NIO NIO	$4.99 B	7,526.18%	🇨🇳 China

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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Electra Meccanica (SOLO) - Cash on Hand

Cash on Hand as of December 2023 : $65.45 Million USD