Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : $9.5 Million USD

According to Middle East Specialized Cables Company's latest financial reports the company has $9.5 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.

Middle East Specialized Cables Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$5.6 M	-51.61%
2022-12-31	$11.57 M	-36.2%
2021-12-31	$18.14 M	37.75%
2020-12-31	$13.16 M	244.77%
2019-12-31	$3.81 M	-8.63%
2018-12-31	$4.18 M	10.54%
2017-12-31	$3.78 M	-47.15%
2016-12-31	$7.15 M	-23.16%
2015-12-31	$9.31 M	32.93%
2014-12-31	$7 M	-29.95%
2013-12-31	$10 M	-46.58%
2012-12-31	$18.72 M	561.46%
2011-12-31	$2.83 M	-50.1%
2010-12-31	$5.67 M	0.01%
2009-12-31	$5.67 M	-49.01%
2008-12-31	$11.12 M	-72.48%
2007-12-31	$40.41 M	1180%
2006-12-31	$3.15 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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Middle East Specialized Cables Company (2370.SR) - Cash on Hand