Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of June 2024 : NZ$76.6 M

According to Ardmore Shipping 's latest financial reports the company has NZ$76.6 M 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	-1.63%
2021-12-31	NZ$80.96 M	-0.23%
2020-12-31	NZ$81.15 M	5.84%
2019-12-31	NZ$76.67 M	-9.57%
2018-12-31	NZ$84.79 M	52.62%
2017-12-31	NZ$55.55 M	-31.22%
2016-12-31	NZ$80.77 M	37.68%
2015-12-31	NZ$58.66 M	-23.14%
2014-12-31	NZ$76.33 M	10.25%
2013-12-31	NZ$69.23 M	270.16%
2012-12-31	NZ$18.7 M	167.34%
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$0.11 B	53.27%	🇧🇲 Bermuda
SFL Corp SFL	NZ$0.37 B	384.92%	🇧🇲 Bermuda
Teekay Tankers TNK	NZ$0.68 B	800.58%	🇨🇦 Canada
Frontline FRO	NZ$0.59 B	675.35%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	NZ$0.85 B	1,013.16%	🇧🇲 Bermuda
Teekay TK	NZ$1.22 B	1,493.56%	🇨🇦 Canada
Nordic American Tankers NAT	NZ$74.25 M	-3.07%	🇧🇲 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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