Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : €8.58 M

According to Middle East Specialized Cables Company's latest financial reports the company has €8.58 M 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	€5.06 M	-53.04%
2022-12-31	€10.78 M	-32.33%
2021-12-31	€15.94 M	48%
2020-12-31	€10.77 M	216.68%
2019-12-31	€3.4 M	-6.78%
2018-12-31	€3.64 M	15.78%
2017-12-31	€3.15 M	-53.67%
2016-12-31	€6.8 M	-20.25%
2015-12-31	€8.53 M	48.22%
2014-12-31	€5.75 M	-20.5%
2013-12-31	€7.23 M	-48.89%
2012-12-31	€14.16 M	549.92%
2011-12-31	€2.17 M	-49.02%
2010-12-31	€4.27 M	7.91%
2009-12-31	€3.96 M	-49.75%
2008-12-31	€7.88 M	-71.24%
2007-12-31	€27.41 M	1045.6%
2006-12-31	€2.39 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