Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : £52.01 Million

According to Electra Meccanica's latest financial reports the company has £52.01 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	£51.37 M	-53.7%
2022-12-31	£0.11 B	-32.5%
2021-12-31	£0.16 B	73.12%
2020-12-31	£94.97 M	1799.98%
2019-12-31	£4.99 M	-37.8%
2018-12-31	£8.03 M	99.55%
2017-12-31	£4.02 M	129.12%
2016-12-31	£1.75 M	4614.61%
2015-12-31	£0.03 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	£17.03 M	-67.24%	🇺🇸 USA
Nikola NKLA	£0.15 B	202.96%	🇺🇸 USA
NIO NIO	£3.96 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 : £52.01 Million