Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : NZ$60.4 Million

According to Latin Resources's latest financial reports the company has NZ$60.4 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.

Latin Resources - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$55.79 M	98.1%
2022-12-31	NZ$28.16 M	4028.12%
2021-12-31	NZ$0.68 M	-85.88%
2020-12-31	NZ$4.83 M	533.73%
2019-12-31	NZ$0.76 M	254.48%
2018-12-31	NZ$0.21 M	-85.45%
2017-12-31	NZ$1.47 M	-6.35%
2016-12-31	NZ$1.57 M	2366.35%
2015-12-31	NZ$0.06 M	-85.64%
2014-12-31	NZ$0.44 M
2013-06-30	NZ$0.2 M	-92.84%
2012-06-30	NZ$2.82 M	-34.03%
2011-06-30	NZ$4.28 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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Latin Resources (LRS.AX) - Cash on Hand