Electreon Wireless (ELWS.TA)

Cash on Hand as of June 2024 : A$38.87 Million

According to Electreon Wireless's latest financial reports the company has A$38.87 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.

Electreon Wireless - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$21.94 M	-22.1%
2022-12-31	A$28.17 M	-49.16%
2021-12-31	A$55.41 M	-19.67%
2020-12-31	A$68.98 M	1227.01%
2019-12-31	A$5.19 M	46.34%
2018-12-31	A$3.55 M	5579.13%
2017-12-31	A$0.06 M	-97.52%
2016-12-31	A$2.51 M	-15.42%
2015-12-31	A$2.97 M	-26.46%
2014-12-31	A$4.04 M	-43.84%
2013-12-31	A$7.2 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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Electreon Wireless (ELWS.TA) - Cash on Hand