Indian Railway Finance (IRFC.NS)

Cash on Hand as of September 2024 : ₹124.68 Billion

According to Indian Railway Finance's latest financial reports the company has ₹124.68 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.

Indian Railway Finance - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	₹7.15 B	-19.78%
2022-03-31	₹8.92 B	31.14%
2021-03-31	₹6.80 B	47.12%
2020-03-31	₹4.62 B	-46.53%
2019-03-31	₹8.64 B	-79.35%
2018-03-31	₹41.87 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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Indian Railway Finance (IRFC.NS) - Cash on Hand