IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2024 : £63.85 Million

According to IDP Education's latest financial reports the company has £63.85 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.

IDP Education - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	£87.43 M	-21.58%
2022-06-30	£0.11 B	-33.07%
2021-06-30	£0.16 B	-2.81%
2020-06-30	£0.17 B	452.83%
2019-06-30	£31 M	13.35%
2018-06-30	£27.35 M	10.38%
2017-06-30	£24.78 M	26.37%
2016-06-30	£19.61 M	164.54%
2015-06-30	£7.41 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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