Ackerstein Group (ACKR.TA)

Cash on Hand as of June 2024 : A$36.9 Million

According to Ackerstein Group's latest financial reports the company has A$36.9 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	A$54.57 M	-46.11%
2022-12-31	A$0.10 B	32.08%
2021-12-31	A$76.67 M	44.06%
2020-12-31	A$53.22 M	72.79%
2019-12-31	A$30.8 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