Xero (XRO.AX) - Cash on Hand

Cash on Hand as of March 2024 : $0.91 B

According to Xero's latest financial reports the company has $0.91 B 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.

Xero - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$0.70 B	7.41%
2022-03-31	$0.65 B	-16.04%
2021-03-31	$0.77 B	143.52%
2020-03-31	$0.31 B	2.53%
2019-03-31	$0.31 B	439.1%
2018-03-31	$57.69 M	-27.33%
2017-03-31	$79.39 M	-37.51%
2016-03-31	$0.12 B	-36.99%
2015-03-31	$0.20 B	10.77%
2014-03-31	$0.18 B	178.44%
2013-03-31	$65.38 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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