M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : £6.67 Million

According to M2i Formation's latest financial reports the company has £6.67 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.

M2i Formation - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£6.6 M	13.03%
2022-12-31	£5.84 M	-31.38%
2021-12-31	£8.51 M	-21.21%
2020-12-31	£10.81 M	124.14%
2019-12-31	£4.82 M	15.59%
2018-12-31	£4.17 M	-20.28%
2017-12-31	£5.23 M	60.56%
2016-12-31	£3.26 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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M2i Formation (ALMII.PA) - Cash on Hand