Converge Technology Solutions (CTS.TO)

Cash on Hand as of June 2024 : £98.23 Million

According to Converge Technology Solutions's latest financial reports the company has £98.23 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£0.10 B	3.22%
2022-12-31	£97.39 M	-32.49%
2021-12-31	£0.14 B	287.16%
2020-12-31	£37.26 M	209.97%
2019-12-31	£12.02 M	98.32%
2018-12-31	£6.06 M	32.3%
2017-12-31	£4.58 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