Arafura Rare Earths (ARU.AX)

Cash on Hand as of June 2024 : $28.22 Million USD

According to Arafura Rare Earths's latest financial reports the company has $28.22 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.

Arafura Rare Earths - Cash on Hand chart (from 2004 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	$28.22 M	-66.91%
2023-06-30	$85.29 M	402.28%
2022-06-30	$16.98 M	109.51%
2021-06-30	$8.1 M	-48.2%
2020-06-30	$15.64 M	312.85%
2019-06-30	$3.79 M	-34.98%
2018-06-30	$5.82 M	-39.18%
2017-06-30	$9.58 M	11.16%
2016-06-30	$8.62 M	-32.37%
2015-06-30	$12.74 M	-44.85%
2014-06-30	$23.11 M	-21.41%
2013-06-30	$29.41 M	46.94%
2012-06-30	$20.01 M	-73.34%
2011-06-30	$75.08 M	279.09%
2010-06-30	$19.8 M	121.07%
2009-06-30	$8.95 M	-36.94%
2008-06-30	$14.2 M	253.5%
2007-06-30	$4.01 M	-13.81%
2006-06-30	$4.66 M	177.29%
2005-06-30	$1.68 M	1.91%
2004-06-30	$1.65 M	-22.6%
2003-06-30	$2.13 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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Arafura Rare Earths (ARU.AX) - Cash on Hand