Lafinca Global Assets (YLFG.MC)

Cash on Hand as of December 2023 : A$20.02 Million

According to Lafinca Global Assets's latest financial reports the company has A$20.02 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.

Lafinca Global Assets - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$18.32 M	57.7%
2022-12-31	A$11.62 M	-79.61%
2021-12-31	A$56.98 M	-1.01%
2020-12-31	A$57.56 M	40.98%
2019-12-31	A$40.83 M	6.01%
2018-12-31	A$38.51 M	-14.1%
2017-12-31	A$44.84 M	38.03%
2016-12-31	A$32.48 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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Lafinca Global Assets (YLFG.MC) - Cash on Hand