Optomed (OPTOMED.HE) - Cash on Hand

Cash on Hand as of June 2024 : A$20.07 Million

According to Optomed's latest financial reports the company has A$20.07 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.

Optomed - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$11.54 M	-14.04%
2022-12-31	A$13.43 M	26.42%
2021-12-31	A$10.62 M	-37.36%
2020-12-31	A$16.96 M	-43.79%
2019-12-31	A$30.18 M	829.42%
2018-12-31	A$3.24 M	104.77%
2017-12-31	A$1.58 M	-32.95%
2016-12-31	A$2.36 M	-44.13%
2015-12-31	A$4.23 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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