Stelco (STLC.TO) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.84 Billion

According to Stelco's latest financial reports the company has NZ$0.84 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.

Stelco - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.76 B	-18.11%
2022-12-31	NZ$0.93 B	-14.41%
2021-12-31	NZ$1.09 B	1610.72%
2020-12-31	NZ$64.12 M	-78.05%
2019-12-31	NZ$0.29 B	-39.05%
2018-12-31	NZ$0.47 B	71.21%
2017-12-31	NZ$0.27 B	38.63%
2016-12-31	NZ$0.20 B	18.36%
2015-12-31	NZ$0.17 B	-22.04%
2014-12-31	NZ$0.21 B	355.84%
2013-12-31	NZ$48.01 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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