SolarMax Technology (SMXT)

Cash on Hand as of September 2024 : A$13.59 Million

According to SolarMax Technology's latest financial reports the company has A$13.59 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.

SolarMax Technology - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$5.61 M	-58.81%
2021-12-31	A$13.63 M	-38.36%
2020-12-31	A$22.12 M
2018-12-31	A$13.61 M	-46.76%
2017-12-31	A$25.57 M	40.31%
2016-12-31	A$18.22 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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SolarMax Technology (SMXT) - Cash on Hand