Summit Midstream (SMLP)

Cash on Hand as of March 2024 : HK$2.68 Billion

According to Summit Midstream's latest financial reports the company has HK$2.68 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.

Summit Midstream - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$92.25 M	61%
2021-12-31	HK$57.3 M	-52.44%
2020-12-31	HK$0.12 B	62.35%
2019-12-31	HK$74.22 M	118.13%
2018-12-31	HK$34.02 M	204.54%
2017-12-31	HK$11.17 M	-80.6%
2016-12-31	HK$57.6 M	-65.9%
2015-12-31	HK$0.16 B	-17.84%
2014-12-31	HK$0.20 B	30.23%
2013-12-31	HK$0.15 B	157.95%
2012-12-31	HK$61.19 M	-49.04%
2011-12-31	HK$0.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Williams Companies WMB	HK$5.93 B	121.13%	🇺🇸 USA
Targa Resources TRGP	HK$0.99 B	-63.09%	🇺🇸 USA

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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Summit Midstream (SMLP) - Cash on Hand

Cash on Hand as of March 2024 : HK$2.68 Billion