Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : €9.03 Million

According to Middle East Specialized Cables Company's latest financial reports the company has €9.03 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	€5.06 M	-53.04%
2022-12-31	€10.78 M	-32.64%
2021-12-31	€16.01 M	49.6%
2020-12-31	€10.7 M	214%
2019-12-31	€3.4 M	-6.69%
2018-12-31	€3.65 M	15.93%
2017-12-31	€3.15 M	-53.67%
2016-12-31	€6.8 M	-20.12%
2015-12-31	€8.51 M	47.86%
2014-12-31	€5.76 M	-20.46%
2013-12-31	€7.24 M	-48.83%
2012-12-31	€14.15 M	549.4%
2011-12-31	€2.17 M	-48.89%
2010-12-31	€4.26 M	7.72%
2009-12-31	€3.95 M	-50.24%
2008-12-31	€7.95 M	-71.26%
2007-12-31	€27.68 M	1056.73%
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