Saipem (SPM.MI) - Cash on Hand

Cash on Hand as of June 2024 : NZ$3.85 Billion

According to Saipem's latest financial reports the company has NZ$3.85 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.

Saipem - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$3.59 B	39.47%
2021-12-31	NZ$2.57 B	-13.88%
2020-12-31	NZ$2.99 B	-23.76%
2019-12-31	NZ$3.92 B	37.6%
2018-12-31	NZ$2.85 B	-7.26%
2017-12-31	NZ$3.07 B	4%
2016-12-31	NZ$2.95 B	69.47%
2015-12-31	NZ$1.74 B	-30.24%
2014-12-31	NZ$2.50 B	12.3%
2013-12-31	NZ$2.22 B	4.51%
2012-12-31	NZ$2.13 B	24.43%
2011-12-31	NZ$1.71 B	6.79%
2010-12-31	NZ$1.60 B	-20.46%
2009-12-31	NZ$2.01 B	-41.64%
2008-12-31	NZ$3.45 B	-16.48%
2007-12-31	NZ$4.13 B	66.55%
2006-12-31	NZ$2.48 B	63.4%
2005-12-31	NZ$1.51 B	34.38%
2004-12-31	NZ$1.13 B	3.92%
2003-12-31	NZ$1.08 B	18064.56%
2002-12-31	NZ$5.99 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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