Passat SA (PSAT.PA) - Cash on Hand

Cash on Hand as of December 2023 : €26.1 Million

According to Passat SA's latest financial reports the company has €26.1 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.

Passat SA - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€24.86 M	61.79%
2022-12-31	€15.37 M	1.14%
2021-12-31	€15.19 M	-25.55%
2020-12-31	€20.41 M	3.93%
2019-12-31	€19.64 M	13.72%
2018-12-31	€17.27 M	26.56%
2017-12-31	€13.64 M	-8.1%
2016-12-31	€14.85 M	13.51%
2015-12-31	€13.08 M	9.26%
2014-12-31	€11.97 M	-3.28%
2013-12-31	€12.38 M	-0.11%
2012-12-31	€12.39 M	-42.63%
2011-12-31	€21.6 M	16.32%
2010-12-31	€18.57 M	18.73%
2009-12-31	€15.64 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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