Ascential (ASCL.L) - Cash on Hand

Cash on Hand as of December 2023 : C$72.12 Million

According to Ascential's latest financial reports the company has C$72.12 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	C$0.13 B	-9.22%
2021-12-31	C$0.14 B	6.45%
2020-12-31	C$0.13 B	-29.83%
2019-12-31	C$0.19 B	-38.45%
2018-12-31	C$0.31 B	303.5%
2017-12-31	C$77.99 M	-24.01%
2016-12-31	C$0.10 B	12.45%
2015-12-31	C$91.27 M	155.14%
2014-12-31	C$35.77 M	-31.17%
2013-12-31	C$51.97 M	-79.26%
2012-12-31	C$0.25 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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