IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2024 : HK$0.63 Billion

According to IDP Education's latest financial reports the company has HK$0.63 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.

IDP Education - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$0.86 B	-18.54%
2022-06-30	HK$1.06 B	-40.72%
2021-06-30	HK$1.79 B	9.47%
2020-06-30	HK$1.63 B	431.76%
2019-06-30	HK$0.30 B	8.46%
2018-06-30	HK$0.28 B	12.69%
2017-06-30	HK$0.25 B	22.82%
2016-06-30	HK$0.20 B	126.64%
2015-06-30	HK$90.4 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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