Phoenix Motor (PEV) - Cash on Hand

Cash on Hand as of June 2024 : $1.4 Million USD

According to Phoenix Motor's latest financial reports the company has $1.4 Million USD 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.

Phoenix Motor - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.13 M	-94.82%
2021-12-31	$2.68 M	-82.91%
2020-12-31	$15.69 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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