Daido Steel (5471.T) - Cash on Hand

Cash on Hand as of December 2023 : $0.46 Billion USD

According to Daido Steel's latest financial reports the company has $0.46 Billion USD 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.

Daido Steel - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$0.36 B	-24.54%
2022-03-31	$0.47 B	-21.76%
2021-03-31	$0.61 B	10.7%
2020-03-31	$0.55 B	46.62%
2019-03-31	$0.37 B	-5.2%
2018-03-31	$0.39 B	26.79%
2017-03-31	$0.31 B	0.76%
2016-03-31	$0.31 B	14.35%
2015-03-31	$0.27 B	-31.32%
2014-03-31	$0.39 B	-28.35%
2013-03-31	$0.55 B	-26.44%
2012-03-31	$0.75 B	31.39%
2011-03-31	$0.57 B	46.72%
2010-03-31	$0.38 B	-24.91%
2009-03-31	$0.51 B	245.15%
2008-03-31	$0.15 B	49.39%
2007-03-31	$0.10 B	-20.16%
2006-03-31	$0.12 B	-19.34%
2005-03-31	$0.15 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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