Akumin (AKU) - Cash on Hand

Cash on Hand as of June 2023 : $37.96 Million USD

According to Akumin's latest financial reports the company has $37.96 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.

Akumin - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$59.42 M	22.73%
2021-12-31	$48.41 M	9.06%
2020-12-31	$44.39 M	89.82%
2019-12-31	$23.38 M	21.02%
2018-12-31	$19.32 M	59.12%
2017-12-31	$12.14 M
2017-09-30	$11.15 M	53.92%
2016-09-30	$7.24 M	140.64%
2015-09-30	$3.01 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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