Indian Railway Finance (IRFC.NS)

Cash on Hand as of September 2024 : £1.17 Billion

According to Indian Railway Finance's latest financial reports the company has £1.17 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.

Indian Railway Finance - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	£70.36 M	-21.42%
2022-03-31	£89.53 M	32.89%
2021-03-31	£67.37 M	35.93%
2020-03-31	£49.56 M	-48.08%
2019-03-31	£95.47 M	-79.19%
2018-03-31	£0.45 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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Indian Railway Finance (IRFC.NS) - Cash on Hand