Archer Limited (ARCH.OL)

Cash on Hand as of June 2024 : $51.6 M

According to Archer Limited's latest financial reports the company has $51.6 M 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.

Archer Limited - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$52.1 M	-36.54%
2022-12-31	$82.1 M	61.93%
2021-12-31	$50.7 M	23.06%
2020-12-31	$41.2 M	31.21%
2019-12-31	$31.4 M	55.45%
2018-12-31	$20.2 M	-65.76%
2017-12-31	$59 M	116.12%
2016-12-31	$27.3 M	33.17%
2015-12-31	$20.5 M	-29.07%
2014-12-31	$28.9 M	-41.62%
2013-12-31	$49.5 M	-14.95%
2012-12-31	$58.2 M	56.03%
2011-12-31	$37.3 M	-78.61%
2010-12-31	$0.17 B	326.97%
2009-12-31	$40.84 M	27.1%
2008-12-31	$32.13 M	32.29%
2007-12-31	$24.29 M	91.66%
2006-12-31	$12.67 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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Archer Limited (ARCH.OL) - Cash on Hand