Ascential (ASCL.L) - Cash on Hand

Cash on Hand as of December 2023 : A$80.75 Million

According to Ascential's latest financial reports the company has A$80.75 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.

Ascential - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.14 B	-9.17%
2021-12-31	A$0.15 B	12.96%
2020-12-31	A$0.13 B	-34.56%
2019-12-31	A$0.21 B	-35.41%
2018-12-31	A$0.32 B	312.71%
2017-12-31	A$79.45 M	-25.01%
2016-12-31	A$0.10 B	17.32%
2015-12-31	A$90.31 M	139.78%
2014-12-31	A$37.66 M	-31.19%
2013-12-31	A$54.73 M	-77.43%
2012-12-31	A$0.24 B

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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