M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : $8.41 Million USD

According to M2i Formation's latest financial reports the company has $8.41 Million USD 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	$8.41 M	19.03%
2022-12-31	$7.07 M	-38.5%
2021-12-31	$11.5 M	-21.97%
2020-12-31	$14.73 M	132.99%
2019-12-31	$6.32 M	19.41%
2018-12-31	$5.29 M	-25.12%
2017-12-31	$7.07 M	75.86%
2016-12-31	$4.02 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