Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : NZ$84.58 Million

According to Ardmore Shipping 's latest financial reports the company has NZ$84.58 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.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$79.64 M	-1.89%
2021-12-31	NZ$81.17 M	0.36%
2020-12-31	NZ$80.88 M	5.33%
2019-12-31	NZ$76.8 M	-9.47%
2018-12-31	NZ$84.83 M	52.69%
2017-12-31	NZ$55.55 M	-31.22%
2016-12-31	NZ$80.77 M	37.83%
2015-12-31	NZ$58.6 M	-23.32%
2014-12-31	NZ$76.42 M	10.45%
2013-12-31	NZ$69.19 M	271.21%
2012-12-31	NZ$18.64 M	166.43%
2011-12-31	NZ$6.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	NZ$0.13 B	55.19%	🇧🇲 Bermuda
SFL Corp SFL	NZ$0.36 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	NZ$0.82 B	872.91%	🇨🇦 Canada
Frontline FRO	NZ$0.58 B	585.91%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	NZ$1.30 B	1,438.79%	🇧🇲 Bermuda
Teekay TK	NZ$1.32 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	NZ$72 M	-14.87%	🇧🇲 Bermuda

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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