Saipem (SPM.MI) - Cash on Hand

Cash on Hand as of June 2024 : £1.70 Billion

According to Saipem's latest financial reports the company has £1.70 Billion 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.

Saipem - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£1.88 B	44.65%
2021-12-31	£1.30 B	-17.67%
2020-12-31	£1.58 B	-21.42%
2019-12-31	£2.01 B	33.74%
2018-12-31	£1.50 B	-6.74%
2017-12-31	£1.61 B	-2.65%
2016-12-31	£1.65 B	106%
2015-12-31	£0.80 B	-35.98%
2014-12-31	£1.25 B	13.44%
2013-12-31	£1.10 B	2.3%
2012-12-31	£1.08 B	26.13%
2011-12-31	£0.85 B	7.29%
2010-12-31	£0.80 B	-11.44%
2009-12-31	£0.90 B	-33.85%
2008-12-31	£1.36 B	-14.24%
2007-12-31	£1.59 B	78.55%
2006-12-31	£0.89 B	48.27%
2005-12-31	£0.60 B	43.3%
2004-12-31	£0.42 B	6.29%
2003-12-31	£0.39 B	20123.5%
2002-12-31	£1.95 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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