IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2024 : $81.05 Million USD

According to IDP Education's latest financial reports the company has $81.05 Million USD 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	$0.11 B	-18.46%
2022-06-30	$0.13 B	-41.34%
2021-06-30	$0.23 B	9.29%
2020-06-30	$0.21 B	436.09%
2019-06-30	$39.36 M	8.94%
2018-06-30	$36.13 M	12.06%
2017-06-30	$32.24 M	22.1%
2016-06-30	$26.4 M	126.44%
2015-06-30	$11.66 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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