Saudi Steel Pipes (1320.SR)

Cash on Hand as of September 2024 : A$43.57 Million

According to Saudi Steel Pipes's latest financial reports the company has A$43.57 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.

Saudi Steel Pipes - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$81.96 M	164.24%
2022-12-31	A$31.02 M	-15.13%
2021-12-31	A$36.55 M	-29.34%
2020-12-31	A$51.72 M	243.6%
2019-12-31	A$15.05 M	50.13%
2018-12-31	A$10.02 M	117.49%
2017-12-31	A$4.61 M	-58.89%
2016-12-31	A$11.21 M	61.24%
2015-12-31	A$6.95 M	-2.75%
2014-12-31	A$7.15 M	-55.43%
2013-12-31	A$16.04 M	14.83%
2012-12-31	A$13.97 M	-9.6%
2011-12-31	A$15.45 M	-55.61%
2010-12-31	A$34.81 M	-83.29%
2009-12-31	A$0.20 B

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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Saudi Steel Pipes (1320.SR) - Cash on Hand