Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : ₹5.50 Billion

According to Electra Meccanica's latest financial reports the company has ₹5.50 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	₹5.44 B	-50.95%
2022-12-31	₹11.10 B	-32.74%
2021-12-31	₹16.51 B	74.48%
2020-12-31	₹9.46 B	1925.47%
2019-12-31	₹0.46 B	-34.47%
2018-12-31	₹0.71 B	105.24%
2017-12-31	₹0.34 B	135.8%
2016-12-31	₹0.14 B	3914.16%
2015-12-31	₹3.67 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	₹0.75 B	-86.31%	🇺🇸 USA
Nikola NKLA	₹21.54 B	291.61%	🇺🇸 USA
NIO NIO	₹419.47 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 : ₹5.50 Billion