3R Petroleum (RRRP3.SA)

Cash on Hand as of June 2024 : A$0.43 Billion

According to 3R Petroleum's latest financial reports the company has A$0.43 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.

3R Petroleum - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.57 B	149.75%
2022-12-31	A$0.23 B	-62.76%
2021-12-31	A$0.62 B	251.4%
2020-12-31	A$0.17 B	681.67%
2019-12-31	A$22.61 M	-25.43%
2018-12-31	A$30.32 M	-34.58%
2017-12-31	A$46.35 M	-31.8%
2016-12-31	A$67.96 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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3R Petroleum (RRRP3.SA) - Cash on Hand