Pattern S.p.A. (PTR.MI)

Cash on Hand as of December 2023 : £23.3 Million

According to Pattern S.p.A.'s latest financial reports the company has £23.3 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.

Pattern S.p.A. - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£23.02 M	35.7%
2022-12-31	£16.96 M	-11.27%
2021-12-31	£19.12 M	-10.27%
2020-12-31	£21.31 M	55.21%
2019-12-31	£13.73 M	138.37%
2018-12-31	£5.76 M	344.13%
2017-12-31	£1.29 M	-34.81%
2016-12-31	£1.98 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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Pattern S.p.A. (PTR.MI) - Cash on Hand