SolarMax Technology (SMXT)

Cash on Hand as of September 2024 : C$12.2 Million

According to SolarMax Technology's latest financial reports the company has C$12.2 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
2023-12-31	C$3.36 M	-35.06%
2022-12-31	C$5.18 M	-58.84%
2021-12-31	C$12.59 M	-41.91%
2020-12-31	C$21.68 M
2018-12-31	C$13.06 M	-47.94%
2017-12-31	C$25.1 M	42.17%
2016-12-31	C$17.65 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