Indonesia Energy (INDO)

Cash on Hand as of December 2023 : NZ$3.56 Million

According to Indonesia Energy's latest financial reports the company has NZ$3.56 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.

Indonesia Energy - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$9.28 M	965.96%
2021-12-31	NZ$0.87 M	-90.9%
2020-12-31	NZ$9.56 M	-47.36%
2019-12-31	NZ$18.17 M	1256.59%
2018-12-31	NZ$1.33 M	421.03%
2017-12-31	NZ$0.25 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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Indonesia Energy (INDO) - Cash on Hand