Middle East Specialized Cables Company (2370.SR)

Cash on Hand as of June 2024 : NZ$16.18 Million

According to Middle East Specialized Cables Company's latest financial reports the company has NZ$16.18 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.

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	NZ$8.85 M	-51.41%
2022-12-31	NZ$18.22 M	-31.36%
2021-12-31	NZ$26.55 M	45.51%
2020-12-31	NZ$18.25 M	221.8%
2019-12-31	NZ$5.67 M	-9%
2018-12-31	NZ$6.23 M	17.03%
2017-12-31	NZ$5.32 M	-48.45%
2016-12-31	NZ$10.33 M	-24.07%
2015-12-31	NZ$13.6 M	52.17%
2014-12-31	NZ$8.94 M	-26.53%
2013-12-31	NZ$12.17 M	-46.52%
2012-12-31	NZ$22.75 M	527.54%
2011-12-31	NZ$3.62 M	-50.67%
2010-12-31	NZ$7.35 M	-5.84%
2009-12-31	NZ$7.8 M	-59.26%
2008-12-31	NZ$19.16 M	-63.67%
2007-12-31	NZ$52.76 M	1077.25%
2006-12-31	NZ$4.48 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