Western Bulk (WEST.OL) - Cash on Hand

Cash on Hand as of December 2023 : $40.42 M

According to Western Bulk's latest financial reports the company has $40.42 M 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.

Western Bulk - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$40.42 M	-41.39%
2022-12-31	$68.96 M	-43.52%
2021-12-31	$0.12 B	303.06%
2020-12-31	$30.29 M	-19.7%
2019-12-31	$37.72 M	21.12%
2018-12-31	$31.15 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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