Archer Limited (ARCH.OL)

Cash on Hand as of June 2024 : NZ$84.93 Million

According to Archer Limited's latest financial reports the company has NZ$84.93 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.

Archer Limited - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$82.38 M	-36.29%
2022-12-31	NZ$0.12 B	74.21%
2021-12-31	NZ$74.22 M	29.99%
2020-12-31	NZ$57.1 M	22.47%
2019-12-31	NZ$46.62 M	54.82%
2018-12-31	NZ$30.11 M	-63.75%
2017-12-31	NZ$83.07 M	110.79%
2016-12-31	NZ$39.41 M	31.58%
2015-12-31	NZ$29.95 M	-18.79%
2014-12-31	NZ$36.88 M	-38.77%
2013-12-31	NZ$60.23 M	-14.86%
2012-12-31	NZ$70.74 M	48.03%
2011-12-31	NZ$47.79 M	-78.86%
2010-12-31	NZ$0.22 B	301.98%
2009-12-31	NZ$56.23 M	1.55%
2008-12-31	NZ$55.37 M	74.62%
2007-12-31	NZ$31.71 M	76.28%
2006-12-31	NZ$17.99 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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Archer Limited (ARCH.OL) - Cash on Hand