Passat SA (PSAT.PA) - Cash on Hand

Cash on Hand as of December 2023 : £21.7 Million

According to Passat SA's latest financial reports the company has £21.7 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	£21.57 M	58.33%
2022-12-31	£13.62 M	6.88%
2021-12-31	£12.75 M	-30.77%
2020-12-31	£18.41 M	9.77%
2019-12-31	£16.77 M	7.79%
2018-12-31	£15.56 M	28.47%
2017-12-31	£12.11 M	-4.29%
2016-12-31	£12.65 M	31.14%
2015-12-31	£9.65 M	3.2%
2014-12-31	£9.35 M	-9.75%
2013-12-31	£10.36 M	2.18%
2012-12-31	£10.14 M	-43.81%
2011-12-31	£18.05 M	12.79%
2010-12-31	£16 M	15.55%
2009-12-31	£13.84 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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