Rakon Limited (RAK.NZ) - Cash on Hand

Cash on Hand as of March 2024 : NZ$18.58 Million

According to Rakon Limited's latest financial reports the company has NZ$18.58 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.

Rakon Limited - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	NZ$17.83 M	-18.22%
2023-03-31	NZ$21.81 M	-44.4%
2022-03-31	NZ$39.22 M	160.26%
2021-03-31	NZ$15.07 M	196.36%
2020-03-31	NZ$5.08 M	7.78%
2019-03-31	NZ$4.71 M	-54.47%
2018-03-31	NZ$10.36 M	213.59%
2017-03-31	NZ$3.3 M	-1.93%
2016-03-31	NZ$3.37 M	-30.63%
2015-03-31	NZ$4.85 M	-47.26%
2014-03-31	NZ$9.21 M	-5.81%
2013-03-31	NZ$9.77 M	-38.42%
2012-03-31	NZ$15.87 M	-30.28%
2011-03-31	NZ$22.77 M	-51.08%
2010-03-31	NZ$46.55 M	422.72%
2009-03-31	NZ$8.9 M	24.26%
2008-03-31	NZ$7.16 M	232.31%
2007-03-31	NZ$2.15 M	152.87%
2006-03-31	NZ$0.85 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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