Drecom (3793.T) - Cash on Hand

Cash on Hand as of March 2024 : NZ$66.74 Million

According to Drecom's latest financial reports the company has NZ$66.74 Million 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.

Drecom - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$72.37 M	29.95%
2022-03-31	NZ$55.69 M	-18.77%
2021-03-31	NZ$68.56 M	96.71%
2020-03-31	NZ$34.85 M	-8.01%
2019-03-31	NZ$37.88 M	-8.23%
2018-03-31	NZ$41.28 M	10.4%
2017-03-31	NZ$37.39 M	139.5%
2016-03-31	NZ$15.61 M	-38.24%
2015-03-31	NZ$25.27 M	68.5%
2014-03-31	NZ$15 M	-44.38%
2013-03-31	NZ$26.97 M	-4%
2012-03-31	NZ$28.09 M	210.51%
2011-03-31	NZ$9.04 M	-4.25%
2010-03-31	NZ$9.44 M	-19.56%
2009-03-31	NZ$11.74 M	47.21%
2008-03-31	NZ$7.98 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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