Ardmore Shipping (ASC) - Cash on Hand

Cash on Hand as of September 2024 : S$64 Million

According to Ardmore Shipping 's latest financial reports the company has S$64 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.

Ardmore Shipping - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	S$67.79 M	-9.56%
2021-12-31	S$74.96 M	-2.92%
2020-12-31	S$77.21 M	10.73%
2019-12-31	S$69.73 M	-10.3%
2018-12-31	S$77.73 M	47.3%
2017-12-31	S$52.77 M	-34.83%
2016-12-31	S$80.98 M	42.73%
2015-12-31	S$56.73 M	-28.29%
2014-12-31	S$79.12 M	9.83%
2013-12-31	S$72.04 M	284.18%
2012-12-31	S$18.75 M	165.18%
2011-12-31	S$7.07 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
DHT Holdings DHT	S$97.72 M	52.69%	🇧🇲 Bermuda
SFL Corp SFL	S$0.27 B	332.00%	🇧🇲 Bermuda
Teekay Tankers TNK	S$0.62 B	872.91%	🇨🇦 Canada
Frontline FRO	S$0.49 B	672.45%	🇧🇲 Bermuda
Golar LNG Partners GMLP	N/A	N/A	🇧🇲 Bermuda
Golar LNG GLNG	S$0.70 B	1,008.99%	🇧🇲 Bermuda
Teekay TK	S$1.00 B	1,463.73%	🇨🇦 Canada
Nordic American Tankers NAT	S$54.83 M	-14.33%	🇧🇲 Bermuda

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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