Daido Steel (5471.T) - Cash on Hand

Cash on Hand as of December 2023 : NZ$0.80 Billion

According to Daido Steel's latest financial reports the company has NZ$0.80 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.

Daido Steel - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$0.57 B	-16.1%
2022-03-31	NZ$0.68 B	-21.52%
2021-03-31	NZ$0.87 B	-4.86%
2020-03-31	NZ$0.91 B	65.95%
2019-03-31	NZ$0.55 B	0.9%
2018-03-31	NZ$0.54 B	22.65%
2017-03-31	NZ$0.44 B	-0.69%
2016-03-31	NZ$0.44 B	24.26%
2015-03-31	NZ$0.36 B	-20.62%
2014-03-31	NZ$0.45 B	-30.81%
2013-03-31	NZ$0.65 B	-27.88%
2012-03-31	NZ$0.91 B	21.98%
2011-03-31	NZ$0.74 B	36.12%
2010-03-31	NZ$0.55 B	-40.5%
2009-03-31	NZ$0.92 B	383.62%
2008-03-31	NZ$0.19 B	36.19%
2007-03-31	NZ$0.14 B	-31.5%
2006-03-31	NZ$0.20 B	-6.39%
2005-03-31	NZ$0.21 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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