Australian Clinical Labs (ACL.AX)

Cash on Hand as of June 2024 : $17.49 Million USD

According to Australian Clinical Labs's latest financial reports the company has $17.49 Million USD 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.

Australian Clinical Labs - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$13.2 M	-27.2%
2022-06-30	$18.14 M	-31.46%
2021-06-30	$26.47 M
2020-12-31	$7.68 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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Australian Clinical Labs (ACL.AX) - Cash on Hand