Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : S$12.8 Million

According to Middle East Specialized Cables Company's latest financial reports the company has S$12.8 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.

Middle East Specialized Cables Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$7.39 M	-52.32%
2022-12-31	S$15.51 M	-36.73%
2021-12-31	S$24.52 M	40.76%
2020-12-31	S$17.42 M	238.31%
2019-12-31	S$5.14 M	-9.83%
2018-12-31	S$5.71 M	12.9%
2017-12-31	S$5.05 M	-51.16%
2016-12-31	S$10.35 M	-21.38%
2015-12-31	S$13.17 M	42.3%
2014-12-31	S$9.25 M	-26.94%
2013-12-31	S$12.67 M	-44.66%
2012-12-31	S$22.89 M	524.6%
2011-12-31	S$3.66 M	-49.83%
2010-12-31	S$7.3 M	-8.24%
2009-12-31	S$7.96 M	-49.94%
2008-12-31	S$15.9 M	-72.65%
2007-12-31	S$58.15 M	1101.2%
2006-12-31	S$4.84 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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Middle East Specialized Cables Company (2370.SR) - Cash on Hand