Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : A$14.7 Million

According to Middle East Specialized Cables Company's latest financial reports the company has A$14.7 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	A$8.22 M	-51.66%
2022-12-31	A$17 M	-32.03%
2021-12-31	A$25.02 M	46.1%
2020-12-31	A$17.12 M	213.92%
2019-12-31	A$5.45 M	-8.06%
2018-12-31	A$5.93 M	22.5%
2017-12-31	A$4.84 M	-51.2%
2016-12-31	A$9.92 M	-22.34%
2015-12-31	A$12.78 M	49.33%
2014-12-31	A$8.56 M	-23.65%
2013-12-31	A$11.21 M	-37.76%
2012-12-31	A$18.01 M	552.64%
2011-12-31	A$2.76 M	-50.57%
2010-12-31	A$5.58 M	-11.55%
2009-12-31	A$6.31 M	-59.95%
2008-12-31	A$15.76 M	-65.89%
2007-12-31	A$46.22 M	1054.12%
2006-12-31	A$4 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