Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : NZ$37.45 Million

According to Sovereign Metals's latest financial reports the company has NZ$37.45 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.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	NZ$34.68 M	471.21%
2023-06-30	NZ$6.07 M	-70.92%
2022-06-30	NZ$20.88 M	144.12%
2021-06-30	NZ$8.55 M	238.36%
2020-06-30	NZ$2.52 M	-42.08%
2019-06-30	NZ$4.36 M	1.22%
2018-06-30	NZ$4.31 M	82.18%
2017-06-30	NZ$2.36 M	-19.21%
2016-06-30	NZ$2.92 M	145.01%
2015-06-30	NZ$1.19 M	-63.23%
2014-06-30	NZ$3.25 M	32.3%
2013-06-30	NZ$2.45 M	-14.83%
2012-06-30	NZ$2.88 M	-16.34%
2011-06-30	NZ$3.44 M	304.05%
2010-06-30	NZ$0.85 M	-51.24%
2009-06-30	NZ$1.75 M	-59.76%
2008-06-30	NZ$4.35 M	-35.89%
2007-06-30	NZ$6.78 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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Sovereign Metals (SVM.AX) - Cash on Hand