iPower (IPW) - Cash on Hand

Cash on Hand as of March 2024 : HK$21.16 M

According to iPower's latest financial reports the company has HK$21.16 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$29.27 M	104.74%
2022-06-30	HK$14.29 M	-72.32%
2021-06-30	HK$51.65 M	581.79%
2020-06-30	HK$7.57 M	105.69%
2019-06-30	HK$3.68 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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