Smartoptics Group (SMOP.OL)

Cash on Hand as of December 2024 : $7.97 Million USD

According to Smartoptics Group's latest financial reports the company has $7.97 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.

Smartoptics Group - Cash on Hand chart (from 2021 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$7.97 M	-13.98%
2023-12-31	$9.26 M	65.2%
2022-12-31	$5.61 M	429.68%
2021-12-31	$1.05 M	94.26%
2020-12-31	$0.54 M	130.06%
2019-12-31	$0.23 M	-21.51%
2018-12-31	$0.3 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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Smartoptics Group (SMOP.OL) - Cash on Hand