Somec S.p.A. (SOM.MI) - Cash on Hand

Cash on Hand as of December 2023 : ₹4.44 Billion

According to Somec S.p.A.'s latest financial reports the company has ₹4.44 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.

Somec S.p.A. - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹4.33 B	-10.3%
2022-12-31	₹4.83 B	20.06%
2021-12-31	₹4.02 B	6.7%
2020-12-31	₹3.77 B	60.01%
2019-12-31	₹2.35 B	18.32%
2018-12-31	₹1.99 B	363.91%
2017-12-31	₹0.42 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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