Arafura Rare Earths (ARU.AX)

Cash on Hand as of June 2024 : C$39.68 Million

According to Arafura Rare Earths's latest financial reports the company has C$39.68 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.

Arafura Rare Earths - Cash on Hand chart (from 2004 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	C$38.64 M	-65.8%
2023-06-30	C$0.11 B	416.58%
2022-06-30	C$21.87 M	117.74%
2021-06-30	C$10.04 M	-52.98%
2020-06-30	C$21.36 M	329.55%
2019-06-30	C$4.97 M	-35.1%
2018-06-30	C$7.66 M	-38.45%
2017-06-30	C$12.45 M	11.66%
2016-06-30	C$11.15 M	-29.52%
2015-06-30	C$15.82 M	-35.82%
2014-06-30	C$24.65 M	-20.32%
2013-06-30	C$30.94 M	51.81%
2012-06-30	C$20.38 M	-71.94%
2011-06-30	C$72.63 M	245.13%
2010-06-30	C$21.04 M	102.14%
2009-06-30	C$10.41 M	-28.1%
2008-06-30	C$14.48 M	239.92%
2007-06-30	C$4.26 M	-18.04%
2006-06-30	C$5.19 M	152.38%
2005-06-30	C$2.05 M	-6.4%
2004-06-30	C$2.2 M	-23.38%
2003-06-30	C$2.87 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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Arafura Rare Earths (ARU.AX) - Cash on Hand