Solid Clouds (SOLID.IC)

Cash on Hand as of December 2023 : NZ$0.56 Million

According to Solid Clouds's latest financial reports the company has NZ$0.56 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.

Solid Clouds - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$3.45 M	-46.07%
2021-12-31	NZ$6.41 M	894.87%
2020-12-31	NZ$0.64 M	-53.86%
2019-12-31	NZ$1.39 M	13.61%
2018-12-31	NZ$1.22 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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Solid Clouds (SOLID.IC) - Cash on Hand