Passat SA (PSAT.PA) - Cash on Hand

Cash on Hand as of December 2023 : $27.48 Million USD

According to Passat SA's latest financial reports the company has $27.48 Million USD 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	-4.2%
2021-12-31	$17.21 M	-31.45%
2020-12-31	$25.1 M	14.11%
2019-12-31	$22 M	11.35%
2018-12-31	$19.75 M	20.66%
2017-12-31	$16.37 M	4.83%
2016-12-31	$15.61 M	9.19%
2015-12-31	$14.3 M	-1.77%
2014-12-31	$14.56 M	-14.82%
2013-12-31	$17.09 M	4.28%
2012-12-31	$16.39 M	-41.57%
2011-12-31	$28.05 M	13.57%
2010-12-31	$24.7 M	10.23%
2009-12-31	$22.41 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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