Arabian Shield Cooperative Insurance Company (8070.SR)

Cash on Hand as of June 2024 : NZ$63.49 Million

According to Arabian Shield Cooperative Insurance Company's latest financial reports the company has NZ$63.49 Million 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.

Arabian Shield Cooperative Insurance Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.21 B	-21.06%
2021-12-31	NZ$0.26 B	-4.53%
2020-12-31	NZ$0.28 B	11.92%
2019-12-31	NZ$0.25 B	0.96%
2018-12-31	NZ$0.25 B	-3.54%
2017-12-31	NZ$0.25 B
2012-12-31	NZ$0.10 B	17.19%
2011-12-31	NZ$88.28 M	-3.21%
2010-12-31	NZ$91.21 M	-2.87%
2009-12-31	NZ$93.9 M	13.75%
2008-12-31	NZ$82.55 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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Arabian Shield Cooperative Insurance Company (8070.SR) - Cash on Hand