DigitalOcean (DOCN) - Cash on Hand

Cash on Hand as of September 2024 : A$0.70 Billion

According to DigitalOcean's latest financial reports the company has A$0.70 Billion 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.

DigitalOcean - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.60 B	-52.41%
2022-12-31	A$1.26 B	-46.26%
2021-12-31	A$2.36 B	1711.62%
2020-12-31	A$0.13 B	177.57%
2019-12-31	A$46.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Proofpoint PFPT	N/A	N/A	🇺🇸 USA
PFSweb PFSW	A$62.83 M	-91.13%	🇺🇸 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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