New India Assurance (NIACL.NS)

Cash on Hand as of September 2024 : A$2.42 Billion

According to New India Assurance 's latest financial reports the company has A$2.42 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.

New India Assurance - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$2.79 B	14.87%
2022-03-31	A$2.42 B	9.88%
2021-03-31	A$2.21 B	-27.09%
2020-03-31	A$3.03 B	18.24%
2019-03-31	A$2.56 B	16.64%
2018-03-31	A$2.19 B	18.61%
2017-03-31	A$1.85 B	16.25%
2016-03-31	A$1.59 B	-17.87%
2015-03-31	A$1.94 B	10.22%
2014-03-31	A$1.76 B	24.48%
2013-03-31	A$1.41 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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New India Assurance (NIACL.NS) - Cash on Hand