Rakon Limited (RAK.NZ) - Cash on Hand

Cash on Hand as of March 2024 : $10.64 Million USD

According to Rakon Limited's latest financial reports the company has $10.64 Million USD 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	$10.64 M	-22.17%
2023-03-31	$13.67 M	-49.99%
2022-03-31	$27.34 M	159.45%
2021-03-31	$10.53 M	244.82%
2020-03-31	$3.05 M	-4.78%
2019-03-31	$3.2 M	-57.22%
2018-03-31	$7.5 M	224.17%
2017-03-31	$2.31 M	-0.5%
2016-03-31	$2.32 M	-36.16%
2015-03-31	$3.64 M	-54.36%
2014-03-31	$7.98 M	-2.46%
2013-03-31	$8.18 M	-37.19%
2012-03-31	$13.03 M	-24.9%
2011-03-31	$17.35 M	-47.27%
2010-03-31	$32.91 M	559.72%
2009-03-31	$4.98 M	-11.32%
2008-03-31	$5.62 M	264.53%
2007-03-31	$1.54 M	194.74%
2006-03-31	$0.52 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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