Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : ₹2.99 Billion

According to Latin Resources's latest financial reports the company has ₹2.99 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	₹2.93 B	98.51%
2022-12-31	₹1.47 B	4166.03%
2021-12-31	₹34.68 M	-86.39%
2020-12-31	₹0.25 B	596.31%
2019-12-31	₹36.61 M	262.98%
2018-12-31	₹10.08 M	-84.95%
2017-12-31	₹67 M	-9.78%
2016-12-31	₹74.26 M	2452.5%
2015-12-31	₹2.9 M	-86.85%
2014-12-31	₹22.12 M
2013-06-30	₹9.34 M	-92.59%
2012-06-30	₹0.12 B	-20.52%
2011-06-30	₹0.15 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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Latin Resources (LRS.AX) - Cash on Hand