Australian Clinical Labs (ACL.AX)

Cash on Hand as of June 2024 : €16.87 Million

According to Australian Clinical Labs's latest financial reports the company has €16.87 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.

Australian Clinical Labs - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	€12.15 M	-30.02%
2022-06-30	€17.36 M	-21.91%
2021-06-30	€22.24 M
2020-12-31	€6.25 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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Australian Clinical Labs (ACL.AX) - Cash on Hand