International Petroleum (IPCO.TO)

Cash on Hand as of September 2024 : ₹25.50 Billion

According to International Petroleum's latest financial reports the company has ₹25.50 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	₹43.04 B	6.76%
2022-12-31	₹40.31 B	2779.83%
2021-12-31	₹1.40 B	194.61%
2020-12-31	₹0.47 B	-57.2%
2019-12-31	₹1.11 B	49.45%
2018-12-31	₹0.74 B	-65.45%
2017-12-31	₹2.15 B	135.98%
2016-12-31	₹0.91 B	-43.74%
2015-12-31	₹1.61 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