Guardforce AI (GFAI) - Cash on Hand

Cash on Hand as of December 2023 : A$30.99 Million

According to Guardforce AI's latest financial reports the company has A$30.99 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.

Guardforce AI - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$10.18 M	-41.99%
2021-12-31	A$17.55 M	60.45%
2020-12-31	A$10.94 M	26.04%
2019-12-31	A$8.68 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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