Indian Railway Finance (IRFC.NS)

Cash on Hand as of September 2024 : $1.47 Billion USD

According to Indian Railway Finance's latest financial reports the company has $1.47 Billion 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.

Indian Railway Finance - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$87.15 M	-25.91%
2022-03-31	$0.11 B	27.02%
2021-03-31	$92.61 M	51.03%
2020-03-31	$61.32 M	-50.76%
2019-03-31	$0.12 B	-80.63%
2018-03-31	$0.64 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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Indian Railway Finance (IRFC.NS) - Cash on Hand