M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : NZ$13.6 M

According to M2i Formation's latest financial reports the company has NZ$13.6 M 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	NZ$13.31 M	19.5%
2022-12-31	NZ$11.14 M	-33.96%
2021-12-31	NZ$16.86 M	-17.17%
2020-12-31	NZ$20.36 M	116.68%
2019-12-31	NZ$9.39 M	18.9%
2018-12-31	NZ$7.9 M	-20.65%
2017-12-31	NZ$9.96 M	71.53%
2016-12-31	NZ$5.8 M

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