According to Sugarmade latest financial reports the cash on hand of SGMD is $48.70K, an decrease of -69.75% to 2022. At the end of 2022 company had $161.01K cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
Year | Cash on Hand | Change |
---|---|---|
2023 | $48.70K | -69.75% |
2022 | $161.01K | -94.35% |
2021 | $2.85M | 546.00% |
2020 | $441.00K | 1183.07% |
2019 | $34.37K | - |