Encounter Resources (ENR.AX)

Cash on Hand as of June 2024 : $9.4 Million USD

According to Encounter Resources's latest financial reports the company has $9.4 Million 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.

Encounter Resources - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$7.82 M	424.94%
2022-06-30	$1.49 M	-65.12%
2021-06-30	$4.27 M	233.29%
2020-06-30	$1.28 M	-26.39%
2019-06-30	$1.74 M	-17.74%
2018-06-30	$2.11 M	-24.13%
2017-06-30	$2.79 M	1.39%
2016-06-30	$2.75 M	161.43%
2015-06-30	$1.05 M	-70.86%
2014-06-30	$3.61 M	-17.76%
2013-06-30	$4.39 M	-17.28%
2012-06-30	$5.31 M	-31.41%
2011-06-30	$7.74 M	287.56%
2010-06-30	$1.99 M	8.77%
2009-06-30	$1.83 M	-59.22%
2008-06-30	$4.5 M	-21.49%
2007-06-30	$5.73 M	83.49%
2006-06-30	$3.12 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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Encounter Resources (ENR.AX) - Cash on Hand