Sitio Royalties (STR) - Cash on Hand

Cash on Hand as of September 2024 : $8.5 Million USD

According to Sitio Royalties's latest financial reports the company has $8.5 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.

Sitio Royalties - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$15.19 M	-19.25%
2022-12-31	$18.81 M	52.02%
2021-12-31	$12.37 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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