Ithaca Energy (ITH.L) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.49 Billion

According to Ithaca Energy's latest financial reports the company has NZ$0.49 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.

Ithaca Energy - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.24 B	-38.48%
2022-12-31	NZ$0.40 B	512.8%
2021-12-31	NZ$65.66 M	3838.22%
2020-12-31	NZ$1.66 M	-92.54%
2019-12-31	NZ$22.36 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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