Converge Technology Solutions (CTS.TO)

Cash on Hand as of September 2024 : C$0.19 Billion

According to Converge Technology Solutions's latest financial reports the company has C$0.19 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.

Converge Technology Solutions - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.16 B	6.24%
2022-12-31	C$0.15 B	-35.58%
2021-12-31	C$0.24 B	283.21%
2020-12-31	C$64.76 M	214.56%
2019-12-31	C$20.59 M	96.43%
2018-12-31	C$10.48 M	34.63%
2017-12-31	C$7.78 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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Converge Technology Solutions (CTS.TO) - Cash on Hand