Espressif Systems (Shanghai) (688018.SS)

Cash on Hand as of June 2024 : S$88.24 Million

According to Espressif Systems (Shanghai)'s latest financial reports the company has S$88.24 Million 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.

Espressif Systems (Shanghai) - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	S$0.15 B	-33.26%
2021-12-31	S$0.23 B	-14.14%
2020-12-31	S$0.27 B	1.48%
2019-12-31	S$0.27 B	681.31%
2018-12-31	S$34.73 M	164.34%
2017-12-31	S$13.14 M	-15.76%
2016-12-31	S$15.59 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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Espressif Systems (Shanghai) (688018.SS) - Cash on Hand