Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : £37.84 Million

According to Ardmore Shipping 's latest financial reports the company has £37.84 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.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£41.79 M	1.76%
2021-12-31	£41.07 M	-4.07%
2020-12-31	£42.81 M	8.56%
2019-12-31	£39.44 M	-12.01%
2018-12-31	£44.82 M	53.55%
2017-12-31	£29.19 M	-35.62%
2016-12-31	£45.34 M	67.54%
2015-12-31	£27.06 M	-29.63%
2014-12-31	£38.46 M	11.57%
2013-12-31	£34.47 M	263.34%
2012-12-31	£9.48 M	170.06%
2011-12-31	£3.51 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	£57.78 M	52.69%	🇧🇲 Bermuda
SFL Corp SFL	£0.16 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	£0.36 B	872.91%	🇨🇦 Canada
Frontline FRO	£0.29 B	672.45%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	£0.41 B	1,008.99%	🇧🇲 Bermuda
Teekay TK	£0.59 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	£32.42 M	-14.33%	🇧🇲 Bermuda

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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