AvidXchange (AVDX) - Cash on Hand

Cash on Hand as of June 2024 : £0.35 Billion

According to AvidXchange's latest financial reports the company has £0.35 Billion 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.

AvidXchange - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£0.35 B	-7.08%
2022-12-31	£0.38 B	-8.5%
2021-12-31	£0.41 B	125.12%
2020-12-31	£0.18 B	7.82%
2019-12-31	£0.17 B

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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