Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : HK$0.27 Billion

According to Latin Resources's latest financial reports the company has HK$0.27 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.

Latin Resources - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.27 B	97.24%
2022-12-31	HK$0.13 B	3744.89%
2021-12-31	HK$3.63 M	-86.55%
2020-12-31	HK$27.02 M	575.82%
2019-12-31	HK$3.99 M	253.96%
2018-12-31	HK$1.12 M	-86.22%
2017-12-31	HK$8.19 M	-3.26%
2016-12-31	HK$8.47 M	2397.4%
2015-12-31	HK$0.33 M	-87.47%
2014-12-31	HK$2.7 M
2013-06-30	HK$1.21 M	-93.09%
2012-06-30	HK$17.61 M	-36.11%
2011-06-30	HK$27.57 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