Espressif Systems (Shanghai) (688018.SS)

Cash on Hand as of September 2024 : A$0.13 Billion

According to Espressif Systems (Shanghai)'s latest financial reports the company has A$0.13 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.

Espressif Systems (Shanghai) - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.17 B	-28.3%
2021-12-31	A$0.24 B	-10.89%
2020-12-31	A$0.27 B	-5.83%
2019-12-31	A$0.28 B	696.62%
2018-12-31	A$36.09 M	186.8%
2017-12-31	A$12.58 M	-15.83%
2016-12-31	A$14.95 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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Espressif Systems (Shanghai) (688018.SS) - Cash on Hand