Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : S$28.42 Million

According to Sovereign Metals's latest financial reports the company has S$28.42 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.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	S$28.65 M	473.67%
2023-06-30	S$4.99 M	-72.41%
2022-06-30	S$18.1 M	125.16%
2021-06-30	S$8.04 M	255.12%
2020-06-30	S$2.26 M	-42.96%
2019-06-30	S$3.96 M	-0.27%
2018-06-30	S$3.97 M	66.88%
2017-06-30	S$2.38 M	-15.14%
2016-06-30	S$2.81 M	155.15%
2015-06-30	S$1.1 M	-69.12%
2014-06-30	S$3.56 M	47.87%
2013-06-30	S$2.41 M	-17.81%
2012-06-30	S$2.93 M	-16.49%
2011-06-30	S$3.51 M	329.09%
2010-06-30	S$0.81 M	-49.97%
2009-06-30	S$1.63 M	-63.67%
2008-06-30	S$4.5 M	-43.72%
2007-06-30	S$8 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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Sovereign Metals (SVM.AX) - Cash on Hand