Southern States Bancshares (SSBK)

Cash on Hand as of December 2022 : £83.95 Million

According to Southern States Bancshares's latest financial reports the company has £83.95 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.

Southern States Bancshares - Cash on Hand chart (from 2020 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£87.16 M	-43.95%
2021-12-31	£0.15 B	183.67%
2020-12-31	£54.82 M	-21.1%
2019-12-31	£69.48 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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Southern States Bancshares (SSBK) - Cash on Hand