Tourmaline Oil (TOU.TO)

Cash on Hand as of September 2023 : £39.25 M

According to Tourmaline Oil 's latest financial reports the company has £39.25 M 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.

Tourmaline Oil - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	N/A	-100%
2020-12-31	£0.12 B
2019-12-31	N/A	-100%
2018-12-31	£20.27 M	98.68%
2017-12-31	£10.2 M	1790.47%
2016-12-31	£0.53 M	-97.2%
2015-12-31	£19.26 M	-86.78%
2014-12-31	£0.14 B
2013-12-31	N/A	-100%
2012-12-31	£2.98 M	1611.08%
2011-12-31	£0.17 M	-99.59%
2010-12-31	£42.31 M	-64.24%
2009-12-31	£0.11 B

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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Tourmaline Oil (TOU.TO) - Cash on Hand