Affluent Medical SA (AFME.PA)

Cash on Hand as of December 2023 : A$2.9 Million

According to Affluent Medical SA's latest financial reports the company has A$2.9 Million 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.

Affluent Medical SA - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$2.69 M	-33.85%
2022-12-31	A$4.06 M	-77.18%
2021-12-31	A$17.82 M	97.21%
2020-12-31	A$9.03 M	165.69%
2019-12-31	A$3.4 M	-37.27%
2018-12-31	A$5.42 M	-27.63%
2017-12-31	A$7.49 M	215%
2016-12-31	A$2.37 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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Affluent Medical SA (AFME.PA) - Cash on Hand