Proeduca Altus (PRO.MC)

Cash on Hand as of August 2023 : €89 Million

According to Proeduca Altus's latest financial reports the company has €89 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.

Proeduca Altus - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	€85.62 M	52.71%
2022-08-31	€56.07 M	-17.69%
2021-08-31	€68.12 M	50.16%
2020-08-31	€45.36 M	-24.64%
2019-08-31	€60.2 M	-18.01%
2018-08-31	€73.42 M	20.33%
2017-08-31	€61.02 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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Proeduca Altus (PRO.MC) - Cash on Hand