Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : €31.83 M

According to Latin Resources's latest financial reports the company has €31.83 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.

Latin Resources - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€31.91 M	91.47%
2022-12-31	€16.66 M	3957.82%
2021-12-31	€0.41 M	-85.62%
2020-12-31	€2.85 M	522.47%
2019-12-31	€0.45 M	264.44%
2018-12-31	€0.12 M	-85.6%
2017-12-31	€0.87 M	-15.83%
2016-12-31	€1.03 M	2491.01%
2015-12-31	€0.04 M	-86.05%
2014-12-31	€0.28 M
2013-06-30	€0.12 M	-93.27%
2012-06-30	€1.79 M	-26.73%
2011-06-30	€2.44 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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Latin Resources (LRS.AX) - Cash on Hand