Arabian Shield Cooperative Insurance Company (8070.SR)

Cash on Hand as of June 2024 : A$56.91 Million

According to Arabian Shield Cooperative Insurance Company's latest financial reports the company has A$56.91 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.

Arabian Shield Cooperative Insurance Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.19 B	-21.83%
2021-12-31	A$0.25 B	-4.14%
2020-12-31	A$0.26 B	9.18%
2019-12-31	A$0.24 B	1.99%
2018-12-31	A$0.23 B	0.96%
2017-12-31	A$0.23 B
2012-12-31	A$81.9 M	21.87%
2011-12-31	A$67.2 M	-3%
2010-12-31	A$69.27 M	-8.76%
2009-12-31	A$75.92 M	11.81%
2008-12-31	A$67.9 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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Arabian Shield Cooperative Insurance Company (8070.SR) - Cash on Hand