Sterling Tools (STERTOOLS.NS)

Cash on Hand as of March 2024 : A$19.78 Million

According to Sterling Tools's latest financial reports the company has A$19.78 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.

Sterling Tools - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$10.93 M	95%
2022-03-31	A$5.6 M	-32.18%
2021-03-31	A$8.26 M	74.94%
2020-03-31	A$4.72 M	-58.23%
2019-03-31	A$11.31 M	1.15%
2018-03-31	A$11.18 M	2092.62%
2017-03-31	A$0.51 M	-76.81%
2016-03-31	A$2.19 M	710.93%
2015-03-31	A$0.27 M	-76.51%
2014-03-31	A$1.15 M	-18.22%
2013-03-31	A$1.41 M	40.56%
2012-03-31	A$1 M	-38.98%
2011-03-31	A$1.64 M	299.63%
2010-03-31	A$0.41 M	8.85%
2009-03-31	A$0.37 M	-49.97%
2008-03-31	A$0.75 M	81.89%
2007-03-31	A$0.41 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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Sterling Tools (STERTOOLS.NS) - Cash on Hand