Action Construction Equipment (ACE.NS)

Cash on Hand as of March 2024 : $58.7 M

According to Action Construction Equipment's latest financial reports the company has $58.7 M 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.

Action Construction Equipment - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$$32.72 M	98.99%
2022-03-31	$$16.44 M	96.42%
2021-03-31	$$8.37 M	459.34%
2020-03-31	$$1.49 M	-72.67%
2019-03-31	$$5.47 M	-15.02%
2018-03-31	$$6.44 M	36.18%
2017-03-31	$$4.73 M	34.43%
2016-03-31	$$3.52 M	39.53%
2015-03-31	$$2.52 M	-40.6%
2014-03-31	$$4.24 M	-16.6%
2013-03-31	$$5.09 M	-6.51%
2012-03-31	$$5.44 M	386%
2011-03-31	$$1.12 M	-74.36%
2010-03-31	$$4.37 M	19.47%
2009-03-31	$$3.65 M	-32.02%
2008-03-31	$$5.38 M	-41.74%
2007-03-31	$$9.23 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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Action Construction Equipment (ACE.NS) - Cash on Hand