Pattern S.p.A. (PTR.MI)

Cash on Hand as of December 2023 : $29.33 Million USD

According to Pattern S.p.A.'s latest financial reports the company has $29.33 Million USD 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.

Pattern S.p.A. - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$29.33 M	42.9%
2022-12-31	$20.52 M	-20.48%
2021-12-31	$25.81 M	-11.14%
2020-12-31	$29.05 M	61.34%
2019-12-31	$18 M	146.25%
2018-12-31	$7.31 M	317.14%
2017-12-31	$1.75 M	-28.6%
2016-12-31	$2.45 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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Pattern S.p.A. (PTR.MI) - Cash on Hand