Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : NZ$0.11 Billion

According to Electra Meccanica's latest financial reports the company has NZ$0.11 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	NZ$0.10 B	-51.05%
2022-12-31	NZ$0.21 B	-34.92%
2021-12-31	NZ$0.32 B	81.1%
2020-12-31	NZ$0.17 B	1743.42%
2019-12-31	NZ$9.73 M	-36.01%
2018-12-31	NZ$15.2 M	98.44%
2017-12-31	NZ$7.66 M	144.77%
2016-12-31	NZ$3.13 M	3778.69%
2015-12-31	NZ$0.08 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	NZ$36.72 M	-67.24%	🇺🇸 USA
Nikola NKLA	NZ$0.33 B	202.96%	🇺🇸 USA
NIO NIO	NZ$8.55 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 : NZ$0.11 Billion