Arnarlax (Icelandic Salmon) (ISLAX.OL)

Cash on Hand as of December 2023 : A$18.12 Million

According to Arnarlax (Icelandic Salmon)'s latest financial reports the company has A$18.12 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.

Arnarlax (Icelandic Salmon) - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$2.92 M	-50.03%
2021-12-31	A$5.84 M	41.17%
2020-12-31	A$4.14 M	49.59%
2019-12-31	A$2.76 M	319.05%
2018-12-31	A$0.66 M	-46.51%
2017-12-31	A$1.23 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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Arnarlax (Icelandic Salmon) (ISLAX.OL) - Cash on Hand