Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : A$54.22 Million

According to Latin Resources's latest financial reports the company has A$54.22 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.

Latin Resources - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$51.78 M	97.09%
2022-12-31	A$26.27 M	3987.96%
2021-12-31	A$0.64 M	-85.82%
2020-12-31	A$4.53 M	518.21%
2019-12-31	A$0.73 M	258.11%
2018-12-31	A$0.2 M	-84.77%
2017-12-31	A$1.34 M	-11.35%
2016-12-31	A$1.51 M	2422.71%
2015-12-31	A$0.06 M	-85.91%
2014-12-31	A$0.42 M
2013-06-30	A$0.17 M	-92.25%
2012-06-30	A$2.21 M	-33.1%
2011-06-30	A$3.31 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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Latin Resources (LRS.AX) - Cash on Hand