Islamic Arab Insurance (SALAMA.AE)

Cash on Hand as of September 2024 : €55.3 Million

According to Islamic Arab Insurance's latest financial reports the company has €55.3 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.

Islamic Arab Insurance - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€50.13 M	-51.66%
2021-12-31	€0.10 B	230.35%
2020-12-31	€31.39 M	-3.52%
2019-12-31	€32.53 M	-54.28%
2018-12-31	€71.17 M	105.84%
2017-12-31	€34.57 M	-30.89%
2016-12-31	€50.03 M	281.88%
2015-12-31	€13.1 M	-85.77%
2014-12-31	€92.09 M	7.57%
2013-12-31	€85.61 M	22.08%
2012-12-31	€70.12 M	-11.1%
2011-12-31	€78.88 M	84.2%
2010-12-31	€42.82 M	13.97%
2009-12-31	€37.57 M	1.74%
2008-12-31	€36.93 M	21.53%
2007-12-31	€30.38 M	-81.8%
2006-12-31	€0.16 B	29.48%
2005-12-31	€0.12 B	204489.52%
2004-12-31	€0.06 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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Islamic Arab Insurance (SALAMA.AE) - Cash on Hand