Torrent Power (TORNTPOWER.NS)

Cash on Hand as of September 2024 : NZ$1.20 Billion

According to Torrent Power's latest financial reports the company has NZ$1.20 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.

Torrent Power - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$0.21 B	63.93%
2022-03-31	NZ$0.12 B	24.09%
2021-03-31	NZ$0.10 B	-39.41%
2020-03-31	NZ$0.17 B	-7.74%
2019-03-31	NZ$0.18 B	-11.45%
2018-03-31	NZ$0.21 B	2.93%
2017-03-31	NZ$0.20 B	-44.5%
2016-03-31	NZ$0.36 B	-41.37%
2015-03-31	NZ$0.62 B	34.31%
2014-03-31	NZ$0.46 B	43.35%
2013-03-31	NZ$0.32 B	60.42%
2012-03-31	NZ$0.20 B	-38.19%
2011-03-31	NZ$0.32 B	-19.96%
2010-03-31	NZ$0.41 B	4.94%
2009-03-31	NZ$0.39 B	81.65%
2008-03-31	NZ$0.21 B	67.4%
2007-03-31	NZ$0.12 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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Torrent Power (TORNTPOWER.NS) - Cash on Hand