Xero (XRO.AX) - Cash on Hand

Cash on Hand as of March 2024 : €0.88 Billion

According to Xero's latest financial reports the company has €0.88 Billion 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.

Xero - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	€0.64 B	10.14%
2022-03-31	€0.58 B	-11.62%
2021-03-31	€0.66 B	126.39%
2020-03-31	€0.29 B	5.55%
2019-03-31	€0.27 B	491.85%
2018-03-31	€46.79 M	-37.09%
2017-03-31	€74.37 M	-33.62%
2016-03-31	€0.11 B	-39.91%
2015-03-31	€0.18 B	40.67%
2014-03-31	€0.13 B	159.99%
2013-03-31	€50.98 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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