Indian Railway Finance (IRFC.NS)

Cash on Hand as of September 2024 : A$2.26 Billion

According to Indian Railway Finance's latest financial reports the company has A$2.26 Billion 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.

Indian Railway Finance - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$0.12 B	-17.24%
2022-03-31	A$0.15 B	28.81%
2021-03-31	A$0.12 B	22.45%
2020-03-31	A$99.4 M	-43.44%
2019-03-31	A$0.17 B	-79.01%
2018-03-31	A$0.83 B

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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Indian Railway Finance (IRFC.NS) - Cash on Hand