Al-Babtain Power and Telecommunications (2320.SR)

Cash on Hand as of June 2024 : NZ$65.26 Million

According to Al-Babtain Power and Telecommunications's latest financial reports the company has NZ$65.26 Million 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.

Al-Babtain Power and Telecommunications - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$84.06 M	2.02%
2022-12-31	NZ$82.4 M	-0.01%
2021-12-31	NZ$82.41 M	55.45%
2020-12-31	NZ$53.01 M	-1.56%
2019-12-31	NZ$53.85 M	47.41%
2018-12-31	NZ$36.53 M	8.49%
2017-12-31	NZ$33.67 M	-30.04%
2016-12-31	NZ$48.13 M	70.96%
2015-12-31	NZ$28.15 M	2.78%
2014-12-31	NZ$27.39 M
2011-12-31	NZ$38.7 M	132.7%
2010-12-31	NZ$16.63 M	6.43%
2009-12-31	NZ$15.62 M	199.8%
2008-12-31	NZ$5.21 M	46.25%
2007-12-31	NZ$3.56 M	31.61%
2006-12-31	NZ$2.7 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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Al-Babtain Power and Telecommunications (2320.SR) - Cash on Hand