Torrent Power (TORNTPOWER.NS)

Cash on Hand as of March 2024 : NZ$0.25 B

According to Torrent Power's latest financial reports the company has NZ$0.25 B 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	63.26%
2022-03-31	NZ$0.12 B	24.24%
2021-03-31	NZ$0.10 B	-39.99%
2020-03-31	NZ$0.17 B	-6.54%
2019-03-31	NZ$0.18 B	-11.45%
2018-03-31	NZ$0.21 B	3.19%
2017-03-31	NZ$0.20 B	-44.7%
2016-03-31	NZ$0.36 B	-41.2%
2015-03-31	NZ$0.62 B	34.05%
2014-03-31	NZ$0.46 B	43.36%
2013-03-31	NZ$0.32 B	60.42%
2012-03-31	NZ$0.20 B	-38.05%
2011-03-31	NZ$0.32 B	-19.54%
2010-03-31	NZ$0.40 B	5.16%
2009-03-31	NZ$0.38 B	85.13%
2008-03-31	NZ$0.20 B	62.83%
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