Detection Technology (DETEC.HE)

Cash on Hand as of June 2024 : A$25.55 Million

According to Detection Technology's latest financial reports the company has A$25.55 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.

Detection Technology - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$30.99 M	-17.07%
2022-12-31	A$37.37 M	-19.74%
2021-12-31	A$46.56 M	15.58%
2020-12-31	A$40.28 M	-3.2%
2019-12-31	A$41.61 M	14.69%
2018-12-31	A$36.28 M	-10.9%
2017-12-31	A$40.72 M	78.2%
2016-12-31	A$22.85 M	104.62%
2015-12-31	A$11.16 M	117.91%
2014-12-31	A$5.12 M	-25.32%
2013-12-31	A$6.86 M	124.09%
2012-12-31	A$3.06 M	141.65%
2011-12-31	A$1.26 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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Detection Technology (DETEC.HE) - Cash on Hand