SolarMax Technology (SMXT)

Cash on Hand as of September 2024 : $8.58 Million USD

According to SolarMax Technology's latest financial reports the company has $8.58 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.

SolarMax Technology - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$3.82 M	-61.34%
2021-12-31	$9.88 M	-41.88%
2020-12-31	$17.01 M
2018-12-31	$9.59 M	-51.95%
2017-12-31	$19.96 M	51.96%
2016-12-31	$13.14 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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SolarMax Technology (SMXT) - Cash on Hand