Tourmaline Oil (TOU.TO)

Cash on Hand as of September 2023 : HK$0.40 B

According to Tourmaline Oil 's latest financial reports the company has HK$0.40 B 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	HK$1.33 B
2019-12-31	N/A	-100%
2018-12-31	HK$0.20 B	88%
2017-12-31	HK$0.10 B	1986.24%
2016-12-31	HK$5.16 M	-97.67%
2015-12-31	HK$0.22 B	-87.42%
2014-12-31	HK$1.75 B
2013-12-31	N/A	-100%
2012-12-31	HK$37.43 M	1676.56%
2011-12-31	HK$2.1 M	-99.58%
2010-12-31	HK$0.50 B	-65.62%
2009-12-31	HK$1.47 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