International Petroleum (IPCO.TO)

Cash on Hand as of September 2024 : HK$2.32 Billion

According to International Petroleum's latest financial reports the company has HK$2.32 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.

International Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$4.03 B	6.08%
2022-12-31	HK$3.80 B	2495.54%
2021-12-31	HK$0.14 B	191.17%
2020-12-31	HK$50.37 M	-58.46%
2019-12-31	HK$0.12 B	45.74%
2018-12-31	HK$83.21 M	-68.38%
2017-12-31	HK$0.26 B	153.04%
2016-12-31	HK$0.10 B	-44.95%
2015-12-31	HK$0.18 B

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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International Petroleum (IPCO.TO) - Cash on Hand