Ascential (ASCL.L) - Cash on Hand

Cash on Hand as of December 2023 : ₹4.26 Billion

According to Ascential's latest financial reports the company has ₹4.26 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.

Ascential - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹8.00 B	-5.22%
2021-12-31	₹8.44 B	8.39%
2020-12-31	₹7.79 B	-26.29%
2019-12-31	₹10.57 B	-34.53%
2018-12-31	₹16.15 B	307.83%
2017-12-31	₹3.96 B	-23.69%
2016-12-31	₹5.19 B	18.7%
2015-12-31	₹4.37 B	123.81%
2014-12-31	₹1.95 B	-35.23%
2013-12-31	₹3.01 B	-78.14%
2012-12-31	₹13.79 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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