Laurus Labs (LAURUSLABS.NS)

Cash on Hand as of September 2024 : HK$48.22 Million

According to Laurus Labs 's latest financial reports the company has HK$48.22 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.

Laurus Labs - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$43.93 M	-43.69%
2022-03-31	HK$78.01 M	52.07%
2021-03-31	HK$51.3 M	2702.57%
2020-03-31	HK$1.83 M	-45.45%
2019-03-31	HK$3.35 M	-7.35%
2018-03-31	HK$3.62 M	24.63%
2017-03-31	HK$2.9 M	-80.58%
2016-03-31	HK$14.96 M	-69.49%
2015-03-31	HK$49.03 M	150.38%
2014-03-31	HK$19.58 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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Laurus Labs (LAURUSLABS.NS) - Cash on Hand