Ashtead Technology (AT.L)

Cash on Hand as of December 2023 : ₹1.20 Billion

According to Ashtead Technology's latest financial reports the company has ₹1.20 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.

Ashtead Technology - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹1.14 B	26.89%
2022-12-31	₹0.90 B	85.4%
2021-12-31	₹0.48 B	-55.33%
2020-12-31	₹1.09 B	140.61%
2019-12-31	₹0.45 B	93.02%
2018-12-31	₹0.23 B	-62.75%
2017-12-31	₹0.63 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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Ashtead Technology (AT.L) - Cash on Hand