American Virtual Cloud (AVCT)

Cash on Hand as of September 2022 : A$16.98 Million

According to American Virtual Cloud 's latest financial reports the company has A$16.98 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.

American Virtual Cloud - Cash on Hand chart (from 2017 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	A$42.92 M
2020-03-31	A$0.01 M	-91.31%
2019-03-31	A$0.19 M	-69.62%
2018-03-31	A$0.62 M	5517.57%
2017-03-31	A$0.01 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
GDS Holdings GDS	A$2.12 B	12,388.04%	🇨🇳 China
American Virtual Cloud AVCT	A$16.98 M	0.00%	🇺🇸 USA

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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American Virtual Cloud (AVCT) - Cash on Hand

Cash on Hand as of September 2022 : A$16.98 Million