International Petroleum (IPCO.TO)

Cash on Hand as of September 2024 : A$0.45 Billion

According to International Petroleum's latest financial reports the company has A$0.45 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.

International Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.75 B	6%
2022-12-31	A$0.71 B	2659.62%
2021-12-31	A$25.94 M	207.02%
2020-12-31	A$8.45 M	-62%
2019-12-31	A$22.23 M	47.44%
2018-12-31	A$15.08 M	-65.04%
2017-12-31	A$43.13 M	131.89%
2016-12-31	A$18.6 M	-44.39%
2015-12-31	A$33.45 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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International Petroleum (IPCO.TO) - Cash on Hand