Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : £28.06 Million

According to Latin Resources's latest financial reports the company has £28.06 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	£27.69 M	87.38%
2022-12-31	£14.78 M	4181.33%
2021-12-31	£0.34 M	-86.5%
2020-12-31	£2.55 M	553.17%
2019-12-31	£0.39 M	244.52%
2018-12-31	£0.11 M	-85.36%
2017-12-31	£0.77 M	-12.34%
2016-12-31	£0.88 M	2897.89%
2015-12-31	£0.02 M	-86.82%
2014-12-31	£0.22 M
2013-06-30	£0.1 M	-92.87%
2012-06-30	£1.44 M	-34.34%
2011-06-30	£2.2 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