Summit Midstream (SMC) - Cash on Hand

Cash on Hand as of December 2024 : $22.82 Million USD

According to Summit Midstream's latest financial reports the company has $22.82 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$22.82 M	62.5%
2023-12-31	$14.04 M	18.94%
2022-12-31	$11.8 M	60.67%
2021-12-31	$7.34 M	-52.72%
2020-12-31	$15.54 M	63.11%
2019-12-31	$9.53 M	119.33%
2018-12-31	$4.34 M	203.85%
2017-12-31	$1.43 M	-80.75%
2016-12-31	$7.42 M	-65.92%
2015-12-31	$21.79 M	-17.77%
2014-12-31	$26.5 M	30.2%
2013-12-31	$20.35 M	157.85%
2012-12-31	$7.89 M	-48.94%
2011-12-31	$15.46 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Williams Companies WMB	$60 M	162.90%	🇺🇸 USA
Targa Resources TRGP	$0.15 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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