Pattern S.p.A. (PTR.MI)

Cash on Hand as of December 2023 : €27.85 Million

According to Pattern S.p.A.'s latest financial reports the company has €27.85 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.

Pattern S.p.A. - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€26.53 M	38.66%
2022-12-31	€19.13 M	-16.04%
2021-12-31	€22.79 M	-3.49%
2020-12-31	€23.61 M	46.94%
2019-12-31	€16.07 M	151.47%
2018-12-31	€6.39 M	337.51%
2017-12-31	€1.46 M	-37.4%
2016-12-31	€2.33 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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Pattern S.p.A. (PTR.MI) - Cash on Hand