Indonesia Energy (INDO)

Cash on Hand as of December 2023 : C$2.8 Million

According to Indonesia Energy's latest financial reports the company has C$2.8 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.

Indonesia Energy - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$7.99 M	954.98%
2021-12-31	C$0.75 M	-91.39%
2020-12-31	C$8.8 M	-44.94%
2019-12-31	C$15.98 M	1205.93%
2018-12-31	C$1.22 M	433.18%
2017-12-31	C$0.22 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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Indonesia Energy (INDO) - Cash on Hand