Pattern S.p.A. (PTR.MI)

Cash on Hand as of December 2023 : A$45 Million

According to Pattern S.p.A.'s latest financial reports the company has A$45 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.

Pattern S.p.A. - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$43.05 M	42.73%
2022-12-31	A$30.16 M	-15.28%
2021-12-31	A$35.6 M	-5.75%
2020-12-31	A$37.78 M	46.9%
2019-12-31	A$25.71 M	147.77%
2018-12-31	A$10.37 M	362.28%
2017-12-31	A$2.24 M	-34.07%
2016-12-31	A$3.4 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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Pattern S.p.A. (PTR.MI) - Cash on Hand