Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : HK$0.37 Billion

According to Ardmore Shipping 's latest financial reports the company has HK$0.37 Billion 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	HK$0.39 B	-8.62%
2021-12-31	HK$0.43 B	-4.44%
2020-12-31	HK$0.45 B	12.32%
2019-12-31	HK$0.40 B	-9.6%
2018-12-31	HK$0.44 B	44.55%
2017-12-31	HK$0.30 B	-28.95%
2016-12-31	HK$0.43 B	39.57%
2015-12-31	HK$0.31 B	-33.07%
2014-12-31	HK$0.46 B	5.34%
2013-12-31	HK$0.44 B	270.96%
2012-12-31	HK$0.11 B	180.26%
2011-12-31	HK$42.4 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	HK$0.56 B	52.69%	🇧🇲 Bermuda
SFL Corp SFL	HK$1.59 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	HK$3.60 B	872.91%	🇨🇦 Canada
Frontline FRO	HK$2.85 B	672.45%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	HK$4.10 B	1,008.99%	🇧🇲 Bermuda
Teekay TK	HK$5.78 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	HK$0.31 B	-14.33%	🇧🇲 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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