Power Mech Projects (POWERMECH.NS)

Cash on Hand as of March 2024 : A$0.23 B

According to Power Mech Projects's latest financial reports the company has A$0.23 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.

Power Mech Projects - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$8.15 M	-38.92%
2022-03-31	A$13.34 M	361.71%
2021-03-31	A$2.89 M	-55.17%
2020-03-31	A$6.44 M	-92.74%
2019-03-31	A$88.78 M	752.32%
2018-03-31	A$10.41 M	503.2%
2017-03-31	A$1.72 M	-97.75%
2016-03-31	A$76.75 M	27.58%
2015-03-31	A$60.16 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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Power Mech Projects (POWERMECH.NS) - Cash on Hand