International Petroleum (IPCO.TO)

Cash on Hand as of September 2024 : $0.29 Billion USD

According to International Petroleum's latest financial reports the company has $0.29 Billion USD 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.

International Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.51 B	6.12%
2022-12-31	$0.48 B	2490.32%
2021-12-31	$18.81 M	189.47%
2020-12-31	$6.49 M	-58.27%
2019-12-31	$15.57 M	46.54%
2018-12-31	$10.62 M	-68.45%
2017-12-31	$33.67 M	151.15%
2016-12-31	$13.41 M	-44.98%
2015-12-31	$24.37 M

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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International Petroleum (IPCO.TO) - Cash on Hand