American Resources Corp (AREC)

Cash on Hand as of June 2024 : HK$4.31 Million

According to American Resources Corp's latest financial reports the company has HK$4.31 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.

American Resources Corp - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$69.29 M	-22.68%
2021-12-31	HK$89.61 M	8.88%
2020-12-31	HK$82.3 M	317846.01%
2019-12-31	HK$0.02 M	-99.86%
2018-12-31	HK$17.95 M	1130.91%
2017-12-31	HK$1.45 M
2016-09-30	HK$0.64 M	-39.6%
2015-09-30	HK$1.07 M	25.53%
2014-09-30	HK$0.85 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Resources Corp AREC	HK$4.31 M	0.00%	🇺🇸 USA
Koppers KOP	HK$0.38 B	8,720.09%	🇺🇸 USA

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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American Resources Corp (AREC) - Cash on Hand

Cash on Hand as of June 2024 : HK$4.31 Million