Indonesia Energy (INDO)

Cash on Hand as of December 2023 : $2 Million USD

According to Indonesia Energy's latest financial reports the company has $2 Million USD 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	$5.89 M	890.83%
2021-12-31	$0.59 M	-91.38%
2020-12-31	$6.9 M	-43.61%
2019-12-31	$12.24 M	1262.06%
2018-12-31	$0.89 M	392.1%
2017-12-31	$0.18 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