SolarMax Technology (SMXT)

Cash on Hand as of September 2024 : ₹0.72 Billion

According to SolarMax Technology's latest financial reports the company has ₹0.72 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.

SolarMax Technology - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹0.31 B	-57.02%
2021-12-31	₹0.73 B	-40.85%
2020-12-31	₹1.24 B
2018-12-31	₹0.67 B	-47.39%
2017-12-31	₹1.27 B	42.78%
2016-12-31	₹0.89 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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SolarMax Technology (SMXT) - Cash on Hand