Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : $21.12 Million USD

According to Sovereign Metals's latest financial reports the company has $21.12 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.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	$21.12 M	473.53%
2023-06-30	$3.68 M	-71.66%
2022-06-30	$12.99 M	117.41%
2021-06-30	$5.97 M	267.97%
2020-06-30	$1.62 M	-44.62%
2019-06-30	$2.93 M	0.47%
2018-06-30	$2.92 M	68.78%
2017-06-30	$1.73 M	-17.1%
2016-06-30	$2.08 M	155.22%
2015-06-30	$0.81 M	-71.35%
2014-06-30	$2.85 M	49.93%
2013-06-30	$1.9 M	-17.82%
2012-06-30	$2.31 M	-18.74%
2011-06-30	$2.85 M	386.97%
2010-06-30	$0.58 M	-48.24%
2009-06-30	$1.13 M	-65.89%
2008-06-30	$3.31 M	-36.46%
2007-06-30	$5.21 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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Sovereign Metals (SVM.AX) - Cash on Hand