Ascential (ASCL.L) - Cash on Hand

Cash on Hand as of December 2023 : $50.19 Million USD

According to Ascential's latest financial reports the company has $50.19 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.

Ascential - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$96.78 M	-14.74%
2021-12-31	$0.11 B	6.5%
2020-12-31	$0.10 B	-28.13%
2019-12-31	$0.14 B	-35.8%
2018-12-31	$0.23 B	272.41%
2017-12-31	$62.03 M	-18.78%
2016-12-31	$76.37 M	16.08%
2015-12-31	$65.79 M	113.44%
2014-12-31	$30.82 M	-36.86%
2013-12-31	$48.82 M	-80.62%
2012-12-31	$0.25 B

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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