Friedman Industries (FRD) - Cash on Hand

Cash on Hand as of June 2024 : HK$32.27 Million

According to Friedman Industries's latest financial reports the company has HK$32.27 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.

Friedman Industries - Cash on Hand chart (from 1996 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$23.48 M	15.5%
2022-03-31	HK$20.33 M	-68.07%
2021-03-31	HK$63.68 M	-51.85%
2020-03-31	HK$0.13 B	44.41%
2019-03-31	HK$91.59 M	187.9%
2018-03-31	HK$31.81 M	180.11%
2017-03-31	HK$11.35 M	-47.63%
2016-03-31	HK$21.68 M	25.63%
2015-03-31	HK$17.26 M	-85.25%
2014-03-31	HK$0.11 B	-5.37%
2013-03-31	HK$0.12 B	34.01%
2012-03-31	HK$92.25 M	64.38%
2011-03-31	HK$56.12 M	-63.52%
2010-03-31	HK$0.15 B	17.61%
2009-03-31	HK$0.13 B	535.68%
2008-03-31	HK$20.57 M	153.45%
2007-03-31	HK$8.11 M	-47.23%
2006-03-31	HK$15.38 M	860.41%
2005-03-31	HK$1.6 M	-89.64%
2004-03-31	HK$15.46 M	194.5%
2003-03-31	HK$5.25 M	-85.63%
2002-03-31	HK$36.53 M	600.16%
2001-03-31	HK$5.21 M	51.03%
2000-03-31	HK$3.45 M	-88.27%
1999-03-31	HK$29.45 M	171.52%
1998-03-31	HK$10.84 M	600.09%
1997-03-31	HK$1.54 M	-66.6%
1996-03-31	HK$4.64 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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