Ascential (ASCL.L) - Cash on Hand

Cash on Hand as of December 2023 : NZ$85.77 Million

According to Ascential's latest financial reports the company has NZ$85.77 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.

Ascential - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.15 B	-8.28%
2021-12-31	NZ$0.16 B	12.5%
2020-12-31	NZ$0.14 B	-32.92%
2019-12-31	NZ$0.22 B	-36.06%
2018-12-31	NZ$0.34 B	294.3%
2017-12-31	NZ$87.34 M	-20.78%
2016-12-31	NZ$0.11 B	14.7%
2015-12-31	NZ$96.13 M	144.35%
2014-12-31	NZ$39.34 M	-33.78%
2013-12-31	NZ$59.41 M	-80.6%
2012-12-31	NZ$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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