Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : £16.8 Million

According to Sovereign Metals's latest financial reports the company has £16.8 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.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	£16.69 M	471.82%
2023-06-30	£2.91 M	-72.75%
2022-06-30	£10.71 M	148.07%
2021-06-30	£4.31 M	227.24%
2020-06-30	£1.31 M	-42.89%
2019-06-30	£2.31 M	4.54%
2018-06-30	£2.21 M	66.25%
2017-06-30	£1.32 M	-14.21%
2016-06-30	£1.54 M	198.17%
2015-06-30	£0.51 M	-68.98%
2014-06-30	£1.67 M	33.9%
2013-06-30	£1.25 M	-15.24%
2012-06-30	£1.47 M	-16.73%
2011-06-30	£1.77 M	352.69%
2010-06-30	£0.39 M	-42.97%
2009-06-30	£0.68 M	-58.72%
2008-06-30	£1.66 M	-36.18%
2007-06-30	£2.6 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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Sovereign Metals (SVM.AX) - Cash on Hand