Arqit Quantum (ARQQ) - Cash on Hand

Cash on Hand as of September 2023 : A$68.77 Million

According to Arqit Quantum's latest financial reports the company has A$68.77 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.

Arqit Quantum - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	A$69.15 M	-8.01%
2022-09-30	A$75.18 M	-37.93%
2021-09-30	A$0.12 B	44271.88%
2020-09-30	A$0.27 M	-95.63%
2019-09-30	A$6.25 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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