Atlantic Sapphire (ASA.OL)

Cash on Hand as of December 2023 : ₹1.89 Billion

According to Atlantic Sapphire's latest financial reports the company has ₹1.89 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.

Atlantic Sapphire - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹1.95 B	54.77%
2021-12-31	₹1.26 B	-39.3%
2020-12-31	₹2.08 B	219.8%
2019-12-31	₹0.65 B	-50.11%
2018-12-31	₹1.30 B	-61.18%
2017-12-31	₹3.36 B	5004.55%
2016-12-31	₹65.98 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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Atlantic Sapphire (ASA.OL) - Cash on Hand