Tourmaline Oil (TOU.TO)

Cash on Hand as of September 2023 : C$72.56 Million

According to Tourmaline Oil 's latest financial reports the company has C$72.56 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	C$0.22 B
2019-12-31	N/A	-100%
2018-12-31	C$35.28 M	103.52%
2017-12-31	C$17.33 M	1837.21%
2016-12-31	C$0.89 M	-97.74%
2015-12-31	C$39.67 M	-84.92%
2014-12-31	C$0.26 B
2013-12-31	N/A	-100%
2012-12-31	C$4.81 M	1644.2%
2011-12-31	C$0.27 M	-99.58%
2010-12-31	C$65.16 M	-67.44%
2009-12-31	C$0.20 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