Audinate Group (AD8.AX)

Cash on Hand as of June 2024 : A$0.12 Billion

According to Audinate Group's latest financial reports the company has A$0.12 Billion 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.

Audinate Group - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$41.81 M	-7.32%
2022-06-30	A$45.12 M	-31.42%
2021-06-30	A$65.79 M	121.61%
2020-06-30	A$29.68 M	-1.97%
2019-06-30	A$30.28 M	120.48%
2018-06-30	A$13.73 M	-26.93%
2017-06-30	A$18.79 M
2016-12-31	A$14.7 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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Audinate Group (AD8.AX) - Cash on Hand