IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.14 Billion

According to IDP Education's latest financial reports the company has NZ$0.14 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.

IDP Education - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$0.18 B	-16.33%
2022-06-30	NZ$0.21 B	-34.14%
2021-06-30	NZ$0.32 B	0.49%
2020-06-30	NZ$0.32 B	460.66%
2019-06-30	NZ$58.56 M	9.75%
2018-06-30	NZ$53.35 M	20.95%
2017-06-30	NZ$44.11 M	19%
2016-06-30	NZ$37.06 M	117.38%
2015-06-30	NZ$17.05 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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