SolarMax Technology (SMXT)

Cash on Hand as of June 2024 : £6.89 M

According to SolarMax Technology's latest financial reports the company has £6.89 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	£3.15 M	-56.75%
2021-12-31	£7.3 M	-41.38%
2020-12-31	£12.46 M
2018-12-31	£7.51 M	-49.11%
2017-12-31	£14.77 M	38.74%
2016-12-31	£10.64 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