Tourmaline Oil (TOU.TO)

Cash on Hand as of September 2023 : ₹4.37 Billion

According to Tourmaline Oil 's latest financial reports the company has ₹4.37 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.

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	₹12.62 B
2019-12-31	N/A	-100%
2018-12-31	₹1.81 B	105.71%
2017-12-31	₹0.88 B	1845.59%
2016-12-31	₹45.25 M	-97.62%
2015-12-31	₹1.90 B	-86.77%
2014-12-31	₹14.36 B
2013-12-31	N/A	-100%
2012-12-31	₹0.26 B	1746.69%
2011-12-31	₹14.35 M	-99.51%
2010-12-31	₹2.92 B	-66.9%
2009-12-31	₹8.82 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