Microlise (SAAS.L) - Cash on Hand

Cash on Hand as of December 2023 : $21.4 Million USD

According to Microlise's latest financial reports the company has $21.4 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.

Microlise - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$21.4 M	6.05%
2022-12-31	$20.18 M
2021-06-30	$13.45 M	8.61%
2020-06-30	$12.38 M	84.53%
2019-06-30	$6.71 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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