Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : C$48.5 Million

According to Latin Resources's latest financial reports the company has C$48.5 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.

Latin Resources - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$46.79 M	92.87%
2022-12-31	C$24.26 M	3985.59%
2021-12-31	C$0.59 M	-86.64%
2020-12-31	C$4.44 M	562.84%
2019-12-31	C$0.67 M	241.24%
2018-12-31	C$0.19 M	-85.11%
2017-12-31	C$1.31 M	-10.17%
2016-12-31	C$1.46 M	2318.16%
2015-12-31	C$0.06 M	-85.01%
2014-12-31	C$0.4 M
2013-06-30	C$0.16 M	-92.86%
2012-06-30	C$2.31 M	-32.55%
2011-06-30	C$3.42 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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Latin Resources (LRS.AX) - Cash on Hand