Espressif Systems (Shanghai) (688018.SS)

Cash on Hand as of September 2024 : £67.1 Million

According to Espressif Systems (Shanghai)'s latest financial reports the company has £67.1 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.

Espressif Systems (Shanghai) - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£97.3 M	-24.91%
2021-12-31	£0.12 B	-15.16%
2020-12-31	£0.15 B	-0.51%
2019-12-31	£0.15 B	666.4%
2018-12-31	£20.02 M	175.54%
2017-12-31	£7.26 M	-16.77%
2016-12-31	£8.73 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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Espressif Systems (Shanghai) (688018.SS) - Cash on Hand