Lumen (LUMN) - Cash on Hand

Cash on Hand as of June 2024 : A$2.27 Billion

According to Lumen's latest financial reports the company has A$2.27 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.

Lumen - Cash on Hand chart (from 1996 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$3.27 B	78.37%
2022-12-31	A$1.83 B	276.49%
2021-12-31	A$0.48 B	-7.52%
2020-12-31	A$0.52 B	-78.13%
2019-12-31	A$2.41 B	248.45%
2018-12-31	A$0.69 B	-1.85%
2017-12-31	A$0.70 B	129.16%
2016-12-31	A$0.30 B	78.06%
2015-12-31	A$0.17 B	10.59%
2014-12-31	A$0.15 B	-16.96%
2013-12-31	A$0.18 B	-7.24%
2012-12-31	A$0.20 B	62.65%
2011-12-31	A$0.12 B	-26.68%
2010-12-31	A$0.17 B	-5.48%
2009-12-31	A$0.18 B	-47.77%
2008-12-31	A$0.34 B	776.49%
2007-12-31	A$39.34 M	20.85%
2006-12-31	A$32.56 M	-85%
2005-12-31	A$0.21 B	0.47%
2004-12-31	A$0.21 B	-20.95%
2003-12-31	A$0.27 B	4106.65%
2002-12-31	A$6.49 M	-5.14%
2001-12-31	A$6.85 M	-79.88%
2000-12-31	A$34.05 M	-60.47%
1999-12-31	A$86.13 M	825.26%
1998-12-31	A$9.3 M	-76.67%
1997-12-31	A$39.9 M	277.41%
1996-12-31	A$10.57 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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