Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : €60.57 Million

According to Electra Meccanica's latest financial reports the company has €60.57 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€59.21 M	-52.69%
2022-12-31	€0.12 B	-36.13%
2021-12-31	€0.19 B	86.2%
2020-12-31	€0.10 B	1698.74%
2019-12-31	€5.85 M	-34.38%
2018-12-31	€8.91 M	96.57%
2017-12-31	€4.53 M	120%
2016-12-31	€2.06 M	3980.62%
2015-12-31	€0.05 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	€8.28 M	-86.31%	🇺🇸 USA
Nikola NKLA	€0.23 B	291.61%	🇺🇸 USA
NIO NIO	€4.61 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 : €60.57 Million