Espressif Systems (Shanghai) (688018.SS)

Cash on Hand as of September 2024 : NZ$0.14 Billion

According to Espressif Systems (Shanghai)'s latest financial reports the company has NZ$0.14 Billion 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.

Espressif Systems (Shanghai) - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.18 B	-27.59%
2021-12-31	NZ$0.25 B	-11.24%
2020-12-31	NZ$0.28 B	-3.47%
2019-12-31	NZ$0.29 B	688.54%
2018-12-31	NZ$37.9 M	174.01%
2017-12-31	NZ$13.83 M	-11.09%
2016-12-31	NZ$15.55 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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Espressif Systems (Shanghai) (688018.SS) - Cash on Hand