SolarMax Technology (SMXT)

Cash on Hand as of June 2024 : NZ$15.5 Million

According to SolarMax Technology's latest financial reports the company has NZ$15.5 Million 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	NZ$6.01 M	-58.41%
2021-12-31	NZ$14.47 M	-38.61%
2020-12-31	NZ$23.57 M
2018-12-31	NZ$14.3 M	-49.13%
2017-12-31	NZ$28.11 M	48.21%
2016-12-31	NZ$18.96 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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SolarMax Technology (SMXT) - Cash on Hand