IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2023 : C$0.15 B

According to IDP Education's latest financial reports the company has C$0.15 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.

IDP Education - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$0.14 B	-16.02%
2022-06-30	C$0.17 B	-38.72%
2021-06-30	C$0.28 B	-0.85%
2020-06-30	C$0.28 B	457.48%
2019-06-30	C$51.66 M	8.74%
2018-06-30	C$47.51 M	13.54%
2017-06-30	C$41.84 M	22.59%
2016-06-30	C$34.13 M	135.28%
2015-06-30	C$14.5 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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