SolarMax Technology (SMXT)

Cash on Hand as of September 2024 : £6.65 Million

According to SolarMax Technology's latest financial reports the company has £6.65 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	£1.99 M	-36.91%
2022-12-31	£3.15 M	-56.87%
2021-12-31	£7.32 M	-41.31%
2020-12-31	£12.47 M
2018-12-31	£7.55 M	-48.85%
2017-12-31	£14.77 M	38.74%
2016-12-31	£10.64 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