Passat SA (PSAT.PA) - Cash on Hand

Cash on Hand as of December 2023 : $27.48 M

According to Passat SA's latest financial reports the company has $27.48 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.

Passat SA - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$27.48 M	66.73%
2022-12-31	$16.48 M	-4.64%
2021-12-31	$17.28 M	-30.7%
2020-12-31	$24.95 M	13.14%
2019-12-31	$22.05 M	11.46%
2018-12-31	$19.78 M	20.83%
2017-12-31	$16.37 M	4.83%
2016-12-31	$15.61 M	9.36%
2015-12-31	$14.28 M	-2.01%
2014-12-31	$14.57 M	-14.78%
2013-12-31	$17.1 M	4.41%
2012-12-31	$16.38 M	-41.61%
2011-12-31	$28.05 M	13.85%
2010-12-31	$24.64 M	10.03%
2009-12-31	$22.39 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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