SolarMax Technology (SMXT)

Cash on Hand as of June 2024 : €8.16 M

According to SolarMax Technology's latest financial reports the company has €8.16 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.

SolarMax Technology - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€3.56 M	-59%
2021-12-31	€8.68 M	-37.55%
2020-12-31	€13.91 M
2018-12-31	€8.37 M	-49.68%
2017-12-31	€16.64 M	33.22%
2016-12-31	€12.49 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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SolarMax Technology (SMXT) - Cash on Hand