Espressif Systems (Shanghai) (688018.SS)

Cash on Hand as of September 2024 : $85.34 Million USD

According to Espressif Systems (Shanghai)'s latest financial reports the company has $85.34 Million USD 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.

Espressif Systems (Shanghai) - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.11 B	-32.7%
2021-12-31	$0.17 B	-15.98%
2020-12-31	$0.20 B	3.42%
2019-12-31	$0.20 B	691.72%
2018-12-31	$25.42 M	158.79%
2017-12-31	$9.82 M	-8.84%
2016-12-31	$10.77 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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Espressif Systems (Shanghai) (688018.SS) - Cash on Hand