Arnarlax (Icelandic Salmon) (ISLAX.OL)

Cash on Hand as of December 2023 : HK$87.51 Million

According to Arnarlax (Icelandic Salmon)'s latest financial reports the company has HK$87.51 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.

Arnarlax (Icelandic Salmon) - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$15.53 M	-53%
2021-12-31	HK$33.06 M	33.88%
2020-12-31	HK$24.69 M	63.53%
2019-12-31	HK$15.1 M	314.2%
2018-12-31	HK$3.64 M	-51.62%
2017-12-31	HK$7.53 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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Arnarlax (Icelandic Salmon) (ISLAX.OL) - Cash on Hand