Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : £7.53 Million

According to Middle East Specialized Cables Company's latest financial reports the company has £7.53 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	£4.39 M	-54.04%
2022-12-31	£9.56 M	-28.82%
2021-12-31	£13.43 M	39.1%
2020-12-31	£9.66 M	231.68%
2019-12-31	£2.91 M	-11.55%
2018-12-31	£3.29 M	17.69%
2017-12-31	£2.79 M	-51.75%
2016-12-31	£5.8 M	-7.71%
2015-12-31	£6.28 M	39.65%
2014-12-31	£4.5 M	-25.78%
2013-12-31	£6.06 M	-47.66%
2012-12-31	£11.58 M	536.08%
2011-12-31	£1.82 M	-50.44%
2010-12-31	£3.67 M	4.84%
2009-12-31	£3.5 M	-53.82%
2008-12-31	£7.58 M	-62.69%
2007-12-31	£20.34 M	1162.05%
2006-12-31	£1.61 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