Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : €46.3 Million

According to Ardmore Shipping 's latest financial reports the company has €46.3 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.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€47.14 M	-3.71%
2021-12-31	€48.96 M	3.18%
2020-12-31	€47.45 M	2.77%
2019-12-31	€46.17 M	-7.17%
2018-12-31	€49.74 M	51.26%
2017-12-31	€32.88 M	-38.18%
2016-12-31	€53.19 M	45.01%
2015-12-31	€36.68 M	-25.49%
2014-12-31	€49.23 M	19.58%
2013-12-31	€41.17 M	255.18%
2012-12-31	€11.59 M	175.71%
2011-12-31	€4.2 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	€71.85 M	55.19%	🇧🇲 Bermuda
SFL Corp SFL	€0.20 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	€0.45 B	872.91%	🇨🇦 Canada
Frontline FRO	€0.31 B	585.91%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	€0.71 B	1,438.79%	🇧🇲 Bermuda
Teekay TK	€0.72 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	€39.41 M	-14.87%	🇧🇲 Bermuda

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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