Arafura Rare Earths (ARU.AX)

Cash on Hand as of June 2024 : $28.22 M

According to Arafura Rare Earths's latest financial reports the company has $28.22 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.

Arafura Rare Earths - Cash on Hand chart (from 2004 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	$28.22 M	-67.13%
2023-06-30	$85.86 M	403.16%
2022-06-30	$17.06 M	110.94%
2021-06-30	$8.09 M	-48.44%
2020-06-30	$15.69 M	314.01%
2019-06-30	$3.79 M	-34.98%
2018-06-30	$5.82 M	-39.12%
2017-06-30	$9.57 M	11.72%
2016-06-30	$8.57 M	-33.11%
2015-06-30	$12.81 M	-44.61%
2014-06-30	$23.13 M	-21.36%
2013-06-30	$29.41 M	46.94%
2012-06-30	$20.01 M	-73.26%
2011-06-30	$74.86 M	273.63%
2010-06-30	$20.03 M	123.53%
2009-06-30	$8.96 M	-36.8%
2008-06-30	$14.18 M	252.89%
2007-06-30	$4.01 M	-13.45%
2006-06-30	$4.64 M	176.13%
2005-06-30	$1.68 M	1.91%
2004-06-30	$1.65 M	-22.6%
2003-06-30	$2.13 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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Arafura Rare Earths (ARU.AX) - Cash on Hand