M2i Formation (ALMII.PA)

Cash on Hand as of December 2023 : S$11.3 Million

According to M2i Formation's latest financial reports the company has S$11.3 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.

M2i Formation - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$11.11 M	17.26%
2022-12-31	S$9.48 M	-39.01%
2021-12-31	S$15.54 M	-20.26%
2020-12-31	S$19.49 M	128.63%
2019-12-31	S$8.52 M	17.84%
2018-12-31	S$7.23 M	-23.52%
2017-12-31	S$9.46 M	62.52%
2016-12-31	S$5.82 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