Akumin (AKU) - Cash on Hand

Cash on Hand as of June 2023 : A$56.5 Million

According to Akumin's latest financial reports the company has A$56.5 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$87.32 M	30.75%
2021-12-31	A$66.78 M	15.67%
2020-12-31	A$57.73 M	72.84%
2019-12-31	A$33.4 M	21.77%
2018-12-31	A$27.43 M	76.34%
2017-12-31	A$15.55 M
2017-09-30	A$14.21 M	49.84%
2016-09-30	A$9.48 M	120.86%
2015-09-30	A$4.29 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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