EROAD Limited (ERD.NZ) - Cash on Hand

Cash on Hand as of March 2024 : C$12.43 Million

According to EROAD Limited's latest financial reports the company has C$12.43 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.

EROAD Limited - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	C$11.71 M	70.61%
2023-03-31	C$6.86 M	-43.22%
2022-03-31	C$12.09 M	-76%
2021-03-31	C$50.39 M
2019-03-31	C$14.65 M	-28.32%
2018-03-31	C$20.44 M	2243%
2017-03-31	C$0.87 M	-92.72%
2016-03-31	C$11.98 M	-63.05%
2015-03-31	C$32.43 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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