Audinate Group (AD8.AX)

Cash on Hand as of June 2024 : £62.9 Million

According to Audinate Group's latest financial reports the company has £62.9 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.

Audinate Group - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	£21.94 M	-14.25%
2022-06-30	£25.59 M	-28.34%
2021-06-30	£35.71 M	115.48%
2020-06-30	£16.57 M	-1.07%
2019-06-30	£16.75 M	117.6%
2018-06-30	£7.69 M	-30.67%
2017-06-30	£11.1 M
2016-12-31	£8.59 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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Audinate Group (AD8.AX) - Cash on Hand