EROAD Limited (ERD.NZ) - Cash on Hand

Cash on Hand as of March 2024 : NZ$15.15 Million

According to EROAD Limited's latest financial reports the company has NZ$15.15 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.

EROAD Limited - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	NZ$14.5 M	79.01%
2023-03-31	NZ$8.1 M	-41.73%
2022-03-31	NZ$13.9 M	-75.66%
2021-03-31	NZ$57.1 M
2019-03-31	NZ$16.13 M	-26.21%
2018-03-31	NZ$21.87 M	2240.37%
2017-03-31	NZ$0.93 M	-93.01%
2016-03-31	NZ$13.37 M	-60.79%
2015-03-31	NZ$34.11 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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