Saudi Steel Pipes (1320.SR)

Cash on Hand as of September 2024 : NZ$48.03 Million

According to Saudi Steel Pipes's latest financial reports the company has NZ$48.03 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.

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	-14.29%
2021-12-31	NZ$38.79 M	-29.62%
2020-12-31	NZ$55.12 M	252.22%
2019-12-31	NZ$15.64 M	48.61%
2018-12-31	NZ$10.53 M	107.79%
2017-12-31	NZ$5.06 M	-56.57%
2016-12-31	NZ$11.66 M	57.64%
2015-12-31	NZ$7.4 M	-0.89%
2014-12-31	NZ$7.46 M	-57.11%
2013-12-31	NZ$17.41 M	-1.34%
2012-12-31	NZ$17.65 M	-13.08%
2011-12-31	NZ$20.3 M	-55.7%
2010-12-31	NZ$45.84 M	-82.21%
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