Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : $35.28 Million USD

According to Latin Resources's latest financial reports the company has $35.28 Million USD 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	$35.28 M	97.32%
2022-12-31	$17.88 M	3737.16%
2021-12-31	$0.46 M	-86.63%
2020-12-31	$3.48 M	578.95%
2019-12-31	$0.51 M	255.91%
2018-12-31	$0.14 M	-86.25%
2017-12-31	$1.04 M	-3.98%
2016-12-31	$1.09 M	2396.16%
2015-12-31	$0.04 M	-87.46%
2014-12-31	$0.34 M
2013-06-30	$0.15 M	-93.09%
2012-06-30	$2.27 M	-35.92%
2011-06-30	$3.54 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