Laurus Labs (LAURUSLABS.NS)

Cash on Hand as of March 2024 : HK$0.12 B

According to Laurus Labs 's latest financial reports the company has HK$0.12 B 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.

Laurus Labs - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$43.9 M	-43.7%
2022-03-31	HK$77.98 M	51.44%
2021-03-31	HK$51.49 M	2715.89%
2020-03-31	HK$1.82 M	-45.5%
2019-03-31	HK$3.35 M	-7.35%
2018-03-31	HK$3.62 M	24.75%
2017-03-31	HK$2.9 M	-80.64%
2016-03-31	HK$14.99 M	-69.43%
2015-03-31	HK$49.04 M	150.62%
2014-03-31	HK$19.57 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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Laurus Labs (LAURUSLABS.NS) - Cash on Hand