Summit Midstream (SMLP)

Cash on Hand as of March 2024 : C$0.48 Billion

According to Summit Midstream's latest financial reports the company has C$0.48 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	C$16.02 M	71.08%
2021-12-31	C$9.36 M	-52.74%
2020-12-31	C$19.81 M	59.24%
2019-12-31	C$12.44 M	110.29%
2018-12-31	C$5.91 M	229.21%
2017-12-31	C$1.79 M	-81.99%
2016-12-31	C$9.98 M	-66.98%
2015-12-31	C$30.23 M	-1.71%
2014-12-31	C$30.75 M	41.94%
2013-12-31	C$21.67 M	176.02%
2012-12-31	C$7.85 M	-50.08%
2011-12-31	C$15.72 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Williams Companies WMB	C$85.27 M	-82.59%	🇺🇸 USA
Targa Resources TRGP	C$0.22 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 : C$0.48 Billion