Laurentian Bank of Canada (LB.TO) - Cash on Hand

Cash on Hand as of October 2022 : $1.51 Billion USD

According to Laurentian Bank of Canada's latest financial reports the company has $1.51 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.

Laurentian Bank of Canada - Cash on Hand chart (from 1997 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-10-31	$1.51 B	120.78%
2021-10-31	$0.68 B	5.34%
2020-10-31	$0.65 B	6.6%
2019-10-31	$0.61 B	-11.42%
2018-10-31	$0.68 B	92.19%
2017-10-31	$0.35 B	39.18%
2016-10-31	$0.25 B	-40.84%
2015-10-31	$0.43 B	15.29%
2014-10-31	$0.37 B	11.19%
2013-10-31	$0.33 B	-51.12%
2012-10-31	$0.69 B	41.88%
2011-10-31	$0.49 B	77.03%
2010-10-31	$0.27 B	-17.35%
2009-10-31	$0.33 B	35.82%
2008-10-31	$0.24 B	-54.14%
2007-10-31	$0.53 B	113.82%
2006-10-31	$0.25 B	-6.38%
2005-10-31	$0.26 B	-0.01%
2004-10-31	$0.26 B	-51.06%
2003-10-31	$0.54 B	62.02%
2002-10-31	$0.33 B	146.1%
2001-10-31	$0.13 B	-26.56%
2000-10-31	$0.18 B	122.15%
1999-10-31	$84.39 M	-69.99%
1998-10-31	$0.28 B	13.37%
1997-10-31	$0.24 B	20.49%
1996-10-31	$0.20 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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