Western Bulk (WEST.OL) - Cash on Hand

Cash on Hand as of December 2023 : A$59.85 M

According to Western Bulk's latest financial reports the company has A$59.85 M 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.

Western Bulk - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$59.32 M	-41.46%
2022-12-31	A$0.10 B	-39.83%
2021-12-31	A$0.16 B	327.49%
2020-12-31	A$39.4 M	-26.88%
2019-12-31	A$53.88 M	21.87%
2018-12-31	A$44.21 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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