Alliance Entertainment (AENT)

Cash on Hand as of June 2024 : A$1.74 Million

According to Alliance Entertainment's latest financial reports the company has A$1.74 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.

Alliance Entertainment - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$1.3 M	-38.8%
2022-12-31	A$0.02 M	-97.36%
2022-06-30	A$2.13 M	-60.17%
2021-12-31	A$0.99 M
2021-06-30	A$5.36 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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Alliance Entertainment (AENT) - Cash on Hand