Summit Midstream (SMC) - Cash on Hand

Cash on Hand as of December 2024 : NZ$37.98 Million

According to Summit Midstream's latest financial reports the company has NZ$37.98 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.

Summit Midstream - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	NZ$40.46 M	82.22%
2023-12-31	NZ$22.2 M	19.41%
2022-12-31	NZ$18.59 M	72.86%
2021-12-31	NZ$10.75 M	-50.06%
2020-12-31	NZ$21.54 M	52.24%
2019-12-31	NZ$14.15 M	118.45%
2018-12-31	NZ$6.47 M	221.71%
2017-12-31	NZ$2.01 M	-81.22%
2016-12-31	NZ$10.72 M	-66.32%
2015-12-31	NZ$31.84 M	-5.87%
2014-12-31	NZ$33.82 M	36.55%
2013-12-31	NZ$24.77 M	158.12%
2012-12-31	NZ$9.59 M	-51.56%
2011-12-31	NZ$19.81 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Williams Companies WMB	NZ$99.87 M	162.90%	🇺🇸 USA
Targa Resources TRGP	NZ$0.26 B	589.25%	🇺🇸 USA

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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