Audinate Group (AD8.AX)

Cash on Hand as of June 2024 : ₹7.09 Billion

According to Audinate Group's latest financial reports the company has ₹7.09 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.

Audinate Group - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	₹6.56 B	187.24%
2023-06-30	₹2.28 B	-6.95%
2022-06-30	₹2.45 B	-33.01%
2021-06-30	₹3.66 B	136.35%
2020-06-30	₹1.55 B	5.85%
2019-06-30	₹1.46 B	110.69%
2018-06-30	₹0.69 B	-25.37%
2017-06-30	₹0.93 B
2016-12-31	₹0.72 B

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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Audinate Group (AD8.AX) - Cash on Hand