Audinate Group (AD8.AX)

Cash on Hand as of June 2024 : HK$0.61 Billion

According to Audinate Group's latest financial reports the company has HK$0.61 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$0.21 B	-10.92%
2022-06-30	HK$0.24 B	-36.53%
2021-06-30	HK$0.38 B	142.71%
2020-06-30	HK$0.15 B	-4.84%
2019-06-30	HK$0.16 B	108.2%
2018-06-30	HK$79.81 M	-29.22%
2017-06-30	HK$0.11 B
2016-12-31	HK$82.21 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