Arabian Shield Cooperative Insurance Company (8070.SR)

Cash on Hand as of June 2024 : C$50.84 M

According to Arabian Shield Cooperative Insurance Company's latest financial reports the company has C$50.84 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.

Arabian Shield Cooperative Insurance Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.18 B	-21.87%
2021-12-31	C$0.23 B	-9.66%
2020-12-31	C$0.26 B	17.06%
2019-12-31	C$0.22 B	-2.81%
2018-12-31	C$0.22 B	-1.3%
2017-12-31	C$0.23 B
2012-12-31	C$84.63 M	20.75%
2011-12-31	C$70.08 M	-0.36%
2010-12-31	C$70.34 M	-1.98%
2009-12-31	C$71.76 M	23.2%
2008-12-31	C$58.25 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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Arabian Shield Cooperative Insurance Company (8070.SR) - Cash on Hand