Duolingo (DUOL) - Cash on Hand

Cash on Hand as of September 2024 : $0.88 Billion USD

According to Duolingo's latest financial reports the company has $0.88 Billion 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.

Duolingo - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.74 B	22.93%
2022-12-31	$0.60 B	9.8%
2021-12-31	$0.55 B	359.72%
2020-12-31	$0.12 B	101.34%
2019-12-31	$59.84 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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