IIFL Wealth Management (IIFLWAM.NS) - Cash on Hand

Cash on Hand as of September 2022 : $59.87 Million USD

According to IIFL Wealth Management's latest financial reports the company has $59.87 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.

IIFL Wealth Management - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-03-31	$0.57 B	80.86%
2021-03-31	$0.31 B	-64.24%
2020-03-31	$0.88 B	3323.54%
2019-03-31	$25.88 M	-68.04%
2018-03-31	$80.98 M	-45.56%
2017-03-31	$0.14 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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