Skel fjárfestingafélag (SKEL.IC)

Cash on Hand as of December 2023 : ₹7.79 Billion

According to Skel fjárfestingafélag's latest financial reports the company has ₹7.79 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.

Skel fjárfestingafélag - Cash on Hand chart (from 2015 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹7.68 B	36%
2022-12-31	₹5.65 B	28.15%
2021-12-31	₹4.41 B	488.05%
2020-12-31	₹0.75 B	151.44%
2019-12-31	₹0.29 B	-39.4%
2018-12-31	₹0.49 B	85.89%
2017-12-31	₹0.26 B	138.25%
2016-12-31	₹0.11 B	-42.18%
2015-12-31	₹0.19 B	-41.32%
2014-12-31	₹0.32 B	199.95%
2013-12-31	₹0.10 B	-64.31%
2012-12-31	₹0.30 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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Skel fjárfestingafélag (SKEL.IC) - Cash on Hand