Saipem (SPM.MI) - Cash on Hand

Cash on Hand as of June 2024 : $2.21 Billion USD

According to Saipem's latest financial reports the company has $2.21 Billion 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.

Saipem - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$2.28 B	29.64%
2021-12-31	$1.75 B	-18.47%
2020-12-31	$2.15 B	-18.31%
2019-12-31	$2.64 B	38.16%
2018-12-31	$1.91 B	-12.41%
2017-12-31	$2.18 B	6.63%
2016-12-31	$2.04 B	71.52%
2015-12-31	$1.19 B	-39.06%
2014-12-31	$1.95 B	7.08%
2013-12-31	$1.82 B	4.4%
2012-12-31	$1.75 B	31.16%
2011-12-31	$1.33 B	8.03%
2010-12-31	$1.23 B	-15.52%
2009-12-31	$1.46 B	-26.96%
2008-12-31	$2.00 B	-36.73%
2007-12-31	$3.16 B	81.09%
2006-12-31	$1.74 B	68.42%
2005-12-31	$1.03 B	28.72%
2004-12-31	$0.80 B	14.07%
2003-12-31	$0.70 B	22462.1%
2002-12-31	$3.13 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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