Italgas (IG.MI) - Cash on Hand

Cash on Hand as of December 2023 : A$0.43 Billion

According to Italgas's latest financial reports the company has A$0.43 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.

Italgas - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.72 B	-66.94%
2021-12-31	A$2.18 B	103.86%
2020-12-31	A$1.07 B	154.99%
2019-12-31	A$0.41 B	86.51%
2018-12-31	A$0.22 B	4864.11%
2017-12-31	A$4.53 M	86.83%
2016-12-31	A$2.42 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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