Torrent Power (TORNTPOWER.NS)

Cash on Hand as of March 2024 : HK$1.20 Billion

According to Torrent Power's latest financial reports the company has HK$1.20 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.

Torrent Power - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$1.04 B	47.87%
2022-03-31	HK$0.70 B	24.52%
2021-03-31	HK$0.56 B	-29.31%
2020-03-31	HK$0.79 B	-19.49%
2019-03-31	HK$0.99 B	-16.8%
2018-03-31	HK$1.19 B	7.51%
2017-03-31	HK$1.11 B	-43.57%
2016-03-31	HK$1.96 B	-46.05%
2015-03-31	HK$3.64 B	16.18%
2014-03-31	HK$3.13 B	48.32%
2013-03-31	HK$2.11 B	63.6%
2012-03-31	HK$1.29 B	-33.58%
2011-03-31	HK$1.94 B	-13.51%
2010-03-31	HK$2.25 B	32.72%
2009-03-31	HK$1.69 B	29.08%
2008-03-31	HK$1.31 B	82.9%
2007-03-31	HK$0.71 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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Torrent Power (TORNTPOWER.NS) - Cash on Hand