Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : A$73.05 Million

According to Ardmore Shipping 's latest financial reports the company has A$73.05 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.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$74.31 M	-2.84%
2021-12-31	A$76.48 M	0.76%
2020-12-31	A$75.9 M	2.75%
2019-12-31	A$73.87 M	-8.54%
2018-12-31	A$80.77 M	59.82%
2017-12-31	A$50.54 M	-34.89%
2016-12-31	A$77.62 M	40.98%
2015-12-31	A$55.05 M	-24.75%
2014-12-31	A$73.16 M	14.78%
2013-12-31	A$63.74 M	332.01%
2012-12-31	A$14.75 M	177.09%
2011-12-31	A$5.32 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	A$0.11 B	52.69%	🇧🇲 Bermuda
SFL Corp SFL	A$0.31 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	A$0.71 B	872.91%	🇨🇦 Canada
Frontline FRO	A$0.56 B	672.45%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	A$0.81 B	1,008.99%	🇧🇲 Bermuda
Teekay TK	A$1.14 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	A$62.59 M	-14.33%	🇧🇲 Bermuda

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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