Tourmaline Oil (TOU.TO)

Cash on Hand as of September 2023 : A$79.69 Million

According to Tourmaline Oil 's latest financial reports the company has A$79.69 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.

Tourmaline Oil - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	N/A	-100%
2020-12-31	A$0.22 B
2019-12-31	N/A	-100%
2018-12-31	A$36.77 M	108.17%
2017-12-31	A$17.66 M	1811.83%
2016-12-31	A$0.92 M	-97.65%
2015-12-31	A$39.26 M	-85.82%
2014-12-31	A$0.27 B
2013-12-31	N/A	-100%
2012-12-31	A$4.65 M	1660.41%
2011-12-31	A$0.26 M	-99.59%
2010-12-31	A$64.17 M	-69.69%
2009-12-31	A$0.21 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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Tourmaline Oil (TOU.TO) - Cash on Hand