Audinate Group (AD8.AX)

Cash on Hand as of June 2024 : ₹6.71 Billion

According to Audinate Group's latest financial reports the company has ₹6.71 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	₹2.27 B	-7.25%
2022-06-30	₹2.44 B	-33.3%
2021-06-30	₹3.67 B	137.78%
2020-06-30	₹1.54 B	5.32%
2019-06-30	₹1.46 B	110.68%
2018-06-30	₹0.69 B	-25.64%
2017-06-30	₹0.93 B
2016-12-31	₹0.72 B

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