Polar Power (POLA) - Cash on Hand

Cash on Hand as of June 2024 : $1.11 Million USD

According to Polar Power 's latest financial reports the company has $1.11 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.

Polar Power - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.21 M	-95.86%
2021-12-31	$5.1 M	209.9%
2020-12-31	$1.64 M	-42.04%
2019-12-31	$2.84 M	-38.76%
2018-12-31	$4.63 M	-67.34%
2017-12-31	$14.2 M	-12.57%
2016-12-31	$16.24 M	6065.93%
2015-12-31	$0.26 M	-52.41%
2014-12-31	$0.55 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Hyliion HYLN	$0.15 B	13,771.67%	🇺🇸 USA
Polar Power POLA	$1.11 M	0.00%	🇺🇸 USA

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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