Detection Technology (DETEC.HE)

Cash on Hand as of June 2024 : £12.3 Million

According to Detection Technology's latest financial reports the company has £12.3 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.

Detection Technology - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£16.57 M	-21.16%
2022-12-31	£21.02 M	-15.94%
2021-12-31	£25.01 M	10.04%
2020-12-31	£22.72 M	2.28%
2019-12-31	£22.22 M	10.34%
2018-12-31	£20.13 M	-14.4%
2017-12-31	£23.52 M	76.21%
2016-12-31	£13.35 M	143.16%
2015-12-31	£5.49 M	103.79%
2014-12-31	£2.69 M	-27.41%
2013-12-31	£3.71 M	88.47%
2012-12-31	£1.96 M	135.52%
2011-12-31	£0.83 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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Detection Technology (DETEC.HE) - Cash on Hand