Action Construction Equipment (ACE.NS)

Cash on Hand as of March 2024 : HK$0.45 Billion

According to Action Construction Equipment's latest financial reports the company has HK$0.45 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.

Action Construction Equipment - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$0.25 B	99.56%
2022-03-31	HK$0.12 B	97.73%
2021-03-31	HK$65.09 M	460.87%
2020-03-31	HK$11.6 M	-73.01%
2019-03-31	HK$42.99 M	-15.01%
2018-03-31	HK$50.58 M	37.56%
2017-03-31	HK$36.77 M	34.72%
2016-03-31	HK$27.29 M	39.52%
2015-03-31	HK$19.56 M	-40.61%
2014-03-31	HK$32.94 M	-16.66%
2013-03-31	HK$39.53 M	-6.57%
2012-03-31	HK$42.31 M	385.01%
2011-03-31	HK$8.72 M	-74.3%
2010-03-31	HK$33.94 M	19.71%
2009-03-31	HK$28.35 M	-32.31%
2008-03-31	HK$41.88 M	-41.97%
2007-03-31	HK$72.18 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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Action Construction Equipment (ACE.NS) - Cash on Hand