Atlantic Sapphire (ASA.OL)

Cash on Hand as of December 2023 : NZ$37.19 Million

According to Atlantic Sapphire's latest financial reports the company has NZ$37.19 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.

Atlantic Sapphire - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$37.3 M	49.77%
2021-12-31	NZ$24.9 M	-37%
2020-12-31	NZ$39.53 M	191.06%
2019-12-31	NZ$13.58 M	-51.28%
2018-12-31	NZ$27.87 M	-62.47%
2017-12-31	NZ$74.27 M	5198.68%
2016-12-31	NZ$1.4 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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Atlantic Sapphire (ASA.OL) - Cash on Hand