M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : C$11.85 Million

According to M2i Formation's latest financial reports the company has C$11.85 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.

M2i Formation - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$11.16 M	16.35%
2022-12-31	C$9.59 M	-34.52%
2021-12-31	C$14.65 M	-22.01%
2020-12-31	C$18.79 M	127.46%
2019-12-31	C$8.26 M	14.48%
2018-12-31	C$7.21 M	-18.87%
2017-12-31	C$8.89 M	64.53%
2016-12-31	C$5.4 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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M2i Formation (ALMII.PA) - Cash on Hand