International Petroleum (IPCO.TO)

Cash on Hand as of June 2024 : C$0.50 B

According to International Petroleum's latest financial reports the company has C$0.50 B 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.

International Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.68 B	3.73%
2022-12-31	C$0.66 B	2677.32%
2021-12-31	C$23.8 M	187.28%
2020-12-31	C$8.28 M	-58.95%
2019-12-31	C$20.18 M	39.25%
2018-12-31	C$14.49 M	-65.77%
2017-12-31	C$42.34 M	134.96%
2016-12-31	C$18.02 M	-46.76%
2015-12-31	C$33.84 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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International Petroleum (IPCO.TO) - Cash on Hand