M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : ₹0.71 Billion

According to M2i Formation's latest financial reports the company has ₹0.71 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.

M2i Formation - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹0.70 B	19.75%
2022-12-31	₹0.58 B	-31.62%
2021-12-31	₹0.85 B	-20.59%
2020-12-31	₹1.07 B	138.95%
2019-12-31	₹0.45 B	21.78%
2018-12-31	₹0.37 B	-18%
2017-12-31	₹0.45 B	65.24%
2016-12-31	₹0.27 B

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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M2i Formation (ALMII.PA) - Cash on Hand