Shengfeng Development (SFWL)

Cash on Hand as of December 2023 : $26.72 Million USD

According to Shengfeng Development's latest financial reports the company has $26.72 Million USD 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.

Shengfeng Development - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$21.28 M	14.17%
2021-12-31	$18.64 M	-31.75%
2020-12-31	$27.31 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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Shengfeng Development (SFWL) - Cash on Hand