Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : HK$0.16 Billion

According to Sovereign Metals's latest financial reports the company has HK$0.16 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.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	HK$0.16 B	471.36%
2023-06-30	HK$28.87 M	-71.69%
2022-06-30	HK$0.10 B	119.73%
2021-06-30	HK$46.41 M	268.59%
2020-06-30	HK$12.59 M	-45.07%
2019-06-30	HK$22.92 M	0.03%
2018-06-30	HK$22.91 M	69.73%
2017-06-30	HK$13.5 M	-16.62%
2016-06-30	HK$16.19 M	155.45%
2015-06-30	HK$6.33 M	-71.34%
2014-06-30	HK$22.12 M	49.83%
2013-06-30	HK$14.76 M	-17.83%
2012-06-30	HK$17.96 M	-18.99%
2011-06-30	HK$22.17 M	386.59%
2010-06-30	HK$4.55 M	-47.99%
2009-06-30	HK$8.76 M	-66.1%
2008-06-30	HK$25.85 M	-36.62%
2007-06-30	HK$40.78 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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Sovereign Metals (SVM.AX) - Cash on Hand