International Distributions Services (Royal Mail) (IDS.L)

Cash on Hand as of March 2024 : A$2.40 Billion

According to International Distributions Services (Royal Mail)'s latest financial reports the company has A$2.40 Billion 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.

International Distributions Services (Royal Mail) - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$1.65 B	-25.47%
2022-03-31	A$2.22 B	-21.81%
2021-03-31	A$2.84 B	-15.14%
2020-03-31	A$3.34 B	670.93%
2019-03-31	A$0.43 B	-60.32%
2018-03-31	A$1.09 B	124.6%
2017-03-31	A$0.48 B	-29.41%
2016-03-31	A$0.69 B	4.1%
2015-03-31	A$0.66 B	0.55%
2014-03-31	A$0.65 B	28.36%
2013-03-31	A$0.51 B	-33.83%
2012-03-31	A$0.77 B	55.81%
2011-03-31	A$0.49 B

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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International Distributions Services (Royal Mail) (IDS.L) - Cash on Hand