Electra Meccanica (SOLO)

Cash on Hand as of December 2023 : S$86.16 Million

According to Electra Meccanica's latest financial reports the company has S$86.16 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.

Electra Meccanica - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$86.44 M	-51.97%
2022-12-31	S$0.17 B	-40.01%
2021-12-31	S$0.30 B	75.19%
2020-12-31	S$0.17 B	1838%
2019-12-31	S$8.83 M	-36.59%
2018-12-31	S$13.93 M	91.43%
2017-12-31	S$7.27 M	131.92%
2016-12-31	S$3.13 M	3916.51%
2015-12-31	S$0.07 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
The Shyft Group SHYF	S$11.79 M	-86.31%	🇺🇸 USA
Nikola NKLA	S$0.33 B	291.61%	🇺🇸 USA
NIO NIO	S$6.57 B	7,526.18%	🇨🇳 China

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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Electra Meccanica (SOLO) - Cash on Hand

Cash on Hand as of December 2023 : S$86.16 Million