Lucas GC (LGCL) - Cash on Hand

Cash on Hand as of December 2023 : C$5.99 Million

According to Lucas GC's latest financial reports the company has C$5.99 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.

Lucas GC - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$5.65 M	-40.74%
2022-12-31	C$9.53 M	-35.64%
2021-12-31	C$14.82 M	585.37%
2020-12-31	C$2.16 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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