IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2023 : A$0.16 B

According to IDP Education's latest financial reports the company has A$0.16 B 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.

IDP Education - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$0.16 B	-15.25%
2022-06-30	A$0.19 B	-35.95%
2021-06-30	A$0.30 B	-0.05%
2020-06-30	A$0.30 B	447.8%
2019-06-30	A$56.05 M	14.85%
2018-06-30	A$48.8 M	16.33%
2017-06-30	A$41.95 M	18.68%
2016-06-30	A$35.35 M	132.59%
2015-06-30	A$15.2 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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