Saudi Steel Pipes (1320.SR)

Cash on Hand as of June 2024 : NZ$43.87 M

According to Saudi Steel Pipes's latest financial reports the company has NZ$43.87 M 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.

Saudi Steel Pipes - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$88.3 M	165.59%
2022-12-31	NZ$33.24 M	-14.07%
2021-12-31	NZ$38.69 M	-30.03%
2020-12-31	NZ$55.3 M	253.94%
2019-12-31	NZ$15.62 M	48.44%
2018-12-31	NZ$10.52 M	107.69%
2017-12-31	NZ$5.06 M	-56.57%
2016-12-31	NZ$11.66 M	57.46%
2015-12-31	NZ$7.41 M	-0.66%
2014-12-31	NZ$7.46 M	-57.19%
2013-12-31	NZ$17.42 M	-1.61%
2012-12-31	NZ$17.71 M	-12.78%
2011-12-31	NZ$20.3 M	-55.88%
2010-12-31	NZ$46.02 M	-82.27%
2009-12-31	NZ$0.25 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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Saudi Steel Pipes (1320.SR) - Cash on Hand