Summit Midstream (SMLP)

Cash on Hand as of March 2024 : A$0.54 Billion

According to Summit Midstream's latest financial reports the company has A$0.54 Billion 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.

Summit Midstream - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$17.35 M	71.18%
2021-12-31	A$10.13 M	-49.86%
2020-12-31	A$20.21 M	48.51%
2019-12-31	A$13.61 M	120.69%
2018-12-31	A$6.16 M	236.72%
2017-12-31	A$1.83 M	-82.23%
2016-12-31	A$10.3 M	-65.55%
2015-12-31	A$29.91 M	-7.63%
2014-12-31	A$32.38 M	41.9%
2013-12-31	A$22.82 M	200.4%
2012-12-31	A$7.59 M	-49.62%
2011-12-31	A$15.07 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Williams Companies WMB	A$95.72 M	-82.59%	🇺🇸 USA
Targa Resources TRGP	A$0.25 B	-54.35%	🇺🇸 USA

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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Summit Midstream (SMLP) - Cash on Hand

Cash on Hand as of March 2024 : A$0.54 Billion