Cardinal Energy (CJ.TO)

Cash on Hand as of September 2019 : NZ$5.75 Million

According to Cardinal Energy's latest financial reports the company has NZ$5.75 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.

Cardinal Energy - Cash on Hand chart (from 2013 to 2019)

Cash on Hand by year

Year	Cash on Hand	Change
2018-12-31	NZ$16.83 M	61.54%
2017-12-31	NZ$10.41 M	82.96%
2016-12-31	NZ$5.69 M	-77.08%
2015-12-31	NZ$24.84 M	12592.11%
2014-12-31	NZ$0.19 M
2013-12-31	N/A	-100%
2012-12-31	NZ$0.26 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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Cardinal Energy (CJ.TO) - Cash on Hand