ADS-TEC Energy (ADSE) - Cash on Hand

Cash on Hand as of December 2023 : A$51.64 Million

According to ADS-TEC Energy's latest financial reports the company has A$51.64 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.

ADS-TEC Energy - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$54.28 M	-65.76%
2021-12-31	A$0.15 B	551822.18%
2020-12-31	A$0.02 M	-99.81%
2019-12-31	A$14.86 M	-57.52%
2018-12-31	A$34.97 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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