Action Construction Equipment (ACE.NS)

Cash on Hand as of March 2024 : A$89.9 Million

According to Action Construction Equipment's latest financial reports the company has A$89.9 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.

Action Construction Equipment - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$48.71 M	122.28%
2022-03-31	A$21.91 M	99.19%
2021-03-31	A$11 M	353.5%
2020-03-31	A$2.42 M	-68.61%
2019-03-31	A$7.72 M	-7.87%
2018-03-31	A$8.38 M	35.68%
2017-03-31	A$6.18 M	34.54%
2016-03-31	A$4.59 M	39.48%
2015-03-31	A$3.29 M	-28.17%
2014-03-31	A$4.58 M	-6.19%
2013-03-31	A$4.88 M	-6.87%
2012-03-31	A$5.24 M	383.34%
2011-03-31	A$1.08 M	-77.25%
2010-03-31	A$4.77 M	-9.73%
2009-03-31	A$5.28 M	-10.2%
2008-03-31	A$5.89 M	-48.49%
2007-03-31	A$11.43 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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Action Construction Equipment (ACE.NS) - Cash on Hand