Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : HK$0.50 Billion

According to Electra Meccanica's latest financial reports the company has HK$0.50 Billion 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	HK$0.51 B	-51.27%
2022-12-31	HK$1.04 B	-39.38%
2021-12-31	HK$1.73 B	72.44%
2020-12-31	HK$1.00 B	1865.87%
2019-12-31	HK$51.04 M	-36.1%
2018-12-31	HK$79.88 M	87.85%
2017-12-31	HK$42.52 M	152.85%
2016-12-31	HK$16.81 M	3827.51%
2015-12-31	HK$0.42 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	HK$69.63 M	-86.31%	🇺🇸 USA
Nikola NKLA	HK$1.99 B	291.61%	🇺🇸 USA
NIO NIO	HK$38.80 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 : HK$0.50 Billion