Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : HK$74.03 Million

According to Middle East Specialized Cables Company's latest financial reports the company has HK$74.03 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	HK$43.74 M	-51.63%
2022-12-31	HK$90.42 M	-36.07%
2021-12-31	HK$0.14 B	38.55%
2020-12-31	HK$0.10 B	243.18%
2019-12-31	HK$29.74 M	-9.13%
2018-12-31	HK$32.73 M	10.79%
2017-12-31	HK$29.55 M	-46.75%
2016-12-31	HK$55.49 M	-23.12%
2015-12-31	HK$72.18 M	32.83%
2014-12-31	HK$54.34 M	-29.93%
2013-12-31	HK$77.55 M	-46.56%
2012-12-31	HK$0.14 B	560.12%
2011-12-31	HK$21.98 M	-50.2%
2010-12-31	HK$44.14 M	0.38%
2009-12-31	HK$43.97 M	-48.83%
2008-12-31	HK$85.95 M	-72.72%
2007-12-31	HK$0.31 B	1183.21%
2006-12-31	HK$24.55 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