International Petroleum (IPCO.TO)

Cash on Hand as of September 2024 : NZ$0.53 Billion

According to International Petroleum's latest financial reports the company has NZ$0.53 Billion 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.

International Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.81 B	6.54%
2022-12-31	NZ$0.76 B	2686.74%
2021-12-31	NZ$27.53 M	205.79%
2020-12-31	NZ$9 M	-61.05%
2019-12-31	NZ$23.12 M	45.95%
2018-12-31	NZ$15.84 M	-66.59%
2017-12-31	NZ$47.42 M	144.96%
2016-12-31	NZ$19.35 M	-45.64%
2015-12-31	NZ$35.61 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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International Petroleum (IPCO.TO) - Cash on Hand