SCHMID Group (SHMD) - Cash on Hand

Cash on Hand as of December 2023 : S$8.55 Million

According to SCHMID Group's latest financial reports the company has S$8.55 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.

SCHMID Group - Cash on Hand chart (from 2022 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$8.33 M	-30.42%
2022-12-31	S$11.98 M	-57.43%
2021-12-31	S$28.14 M	3145.33%
2020-12-31	S$0.86 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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