AvidXchange (AVDX) - Cash on Hand

Cash on Hand as of June 2024 : A$0.70 Billion

According to AvidXchange's latest financial reports the company has A$0.70 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.

AvidXchange - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.66 B	-2.27%
2022-12-31	A$0.67 B	-12.63%
2021-12-31	A$0.77 B	136.45%
2020-12-31	A$0.32 B	2.05%
2019-12-31	A$0.32 B

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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