Audinate Group (AD8.AX)

Cash on Hand as of June 2023 : $27.86 M

According to Audinate Group's latest financial reports the company has $27.86 M 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.

Audinate Group - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$27.86 M	-10.68%
2022-06-30	$31.19 M	-36.77%
2021-06-30	$49.34 M	141.17%
2020-06-30	$20.45 M	-3.8%
2019-06-30	$21.26 M	109.13%
2018-06-30	$10.16 M	-29.54%
2017-06-30	$14.43 M
2016-12-31	$10.6 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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Audinate Group (AD8.AX) - Cash on Hand