Indonesia Energy (INDO)

Cash on Hand as of December 2023 : £1.6 Million

According to Indonesia Energy's latest financial reports the company has £1.6 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.

Indonesia Energy - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£4.87 M	1005.52%
2021-12-31	£0.44 M	-91.3%
2020-12-31	£5.06 M	-45.75%
2019-12-31	£9.33 M	1218.49%
2018-12-31	£0.7 M	423.95%
2017-12-31	£0.13 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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Indonesia Energy (INDO) - Cash on Hand