International Petroleum (IPCO.TO)

Cash on Hand as of September 2024 : C$0.42 Billion

According to International Petroleum's latest financial reports the company has C$0.42 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.

International Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.68 B	3.73%
2022-12-31	C$0.66 B	2658.03%
2021-12-31	C$23.97 M	189.33%
2020-12-31	C$8.28 M	-59.26%
2019-12-31	C$20.33 M	40.5%
2018-12-31	C$14.47 M	-65.82%
2017-12-31	C$42.34 M	134.96%
2016-12-31	C$18.02 M	-46.7%
2015-12-31	C$33.81 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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International Petroleum (IPCO.TO) - Cash on Hand