Alliance Entertainment (AENT)

Cash on Hand as of June 2024 : HK$8.8 M

According to Alliance Entertainment's latest financial reports the company has HK$8.8 M 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.

Alliance Entertainment - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$6.77 M	-41.2%
2022-12-31	HK$0.14 M	-97.52%
2022-06-30	HK$11.52 M	-63.15%
2021-12-31	HK$5.64 M
2021-06-30	HK$31.28 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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Alliance Entertainment (AENT) - Cash on Hand