Mayville Engineering Company (MEC)

Cash on Hand as of June 2024 : HK$2.44 M

According to Mayville Engineering Company's latest financial reports the company has HK$2.44 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.

Mayville Engineering Company - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$5.24 M	428.92%
2022-12-31	HK$0.99 M	7.85%
2021-12-31	HK$0.92 M	-1.93%
2020-12-31	HK$0.93 M	11945.24%
2019-12-31	HK$0 M	-99.97%
2018-12-31	HK$24.18 M	3973.68%
2017-12-31	HK$0.59 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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Mayville Engineering Company (MEC) - Cash on Hand