Ackerstein Group (ACKR.TA)

Cash on Hand as of September 2024 : S$28 Million

According to Ackerstein Group's latest financial reports the company has S$28 Million 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.

Ackerstein Group - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$49.1 M	-46.85%
2022-12-31	S$92.38 M	22.94%
2021-12-31	S$75.14 M	38.8%
2020-12-31	S$54.14 M	86.21%
2019-12-31	S$29.07 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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Ackerstein Group (ACKR.TA) - Cash on Hand