Audinate Group (AD8.AX)

Cash on Hand as of June 2023 : €25.14 M

According to Audinate Group's latest financial reports the company has €25.14 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	€25.53 M	-14.2%
2022-06-30	€29.75 M	-28.53%
2021-06-30	€41.63 M	128.88%
2020-06-30	€18.19 M	-2.58%
2019-06-30	€18.67 M	114.9%
2018-06-30	€8.68 M	-31.31%
2017-06-30	€12.64 M
2016-12-31	€10.07 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