Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : ₹4.01 Billion

According to Ardmore Shipping 's latest financial reports the company has ₹4.01 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.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹4.18 B	1.39%
2021-12-31	₹4.12 B	-3.31%
2020-12-31	₹4.26 B	15.73%
2019-12-31	₹3.68 B	-7.3%
2018-12-31	₹3.97 B	57.93%
2017-12-31	₹2.51 B	-33.74%
2016-12-31	₹3.80 B	42.65%
2015-12-31	₹2.66 B	-29.76%
2014-12-31	₹3.79 B	8.03%
2013-12-31	₹3.51 B	318.4%
2012-12-31	₹0.83 B	190.67%
2011-12-31	₹0.28 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	₹6.13 B	52.69%	🇧🇲 Bermuda
SFL Corp SFL	₹17.36 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	₹39.09 B	872.91%	🇨🇦 Canada
Frontline FRO	₹31.04 B	672.45%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	₹44.56 B	1,008.99%	🇧🇲 Bermuda
Teekay TK	₹62.84 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	₹3.44 B	-14.33%	🇧🇲 Bermuda

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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