M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : HK$65.54 Million

According to M2i Formation's latest financial reports the company has HK$65.54 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	HK$65.75 M	18.98%
2022-12-31	HK$55.26 M	-38.37%
2021-12-31	HK$89.67 M	-21.51%
2020-12-31	HK$0.11 B	131.92%
2019-12-31	HK$49.26 M	18.75%
2018-12-31	HK$41.48 M	-24.95%
2017-12-31	HK$55.28 M	77.19%
2016-12-31	HK$31.19 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