Laurus Labs (LAURUSLABS.NS)

Cash on Hand as of September 2024 : A$9.58 Million

According to Laurus Labs 's latest financial reports the company has A$9.58 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.

Laurus Labs - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$8.33 M	-37.28%
2022-03-31	A$13.28 M	53.19%
2021-03-31	A$8.67 M	2166.05%
2020-03-31	A$0.38 M	-36.56%
2019-03-31	A$0.6 M	0.44%
2018-03-31	A$0.6 M	22.92%
2017-03-31	A$0.48 M	-80.6%
2016-03-31	A$2.51 M	-69.5%
2015-03-31	A$8.25 M	202.86%
2014-03-31	A$2.72 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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Laurus Labs (LAURUSLABS.NS) - Cash on Hand