Avantax (AVTA) - Cash on Hand

Cash on Hand as of September 2023 : ₹8.99 Billion

According to Avantax's latest financial reports the company has ₹8.99 Billion 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.

Avantax - Cash on Hand chart (from 1998 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹21.84 B	117.64%
2021-12-31	₹10.03 B	-8.6%
2020-12-31	₹10.97 B	90.5%
2019-12-31	₹5.76 B	-2.48%
2018-12-31	₹5.91 B	54.36%
2017-12-31	₹3.82 B	-4.2%
2016-12-31	₹3.99 B	-9.93%
2015-12-31	₹4.43 B	-76.76%
2014-12-31	₹19.09 B	-7.38%
2013-12-31	₹20.61 B	132.02%
2012-12-31	₹8.88 B	-42.78%
2011-12-31	₹15.52 B	36.58%
2010-12-31	₹11.36 B	8.24%
2009-12-31	₹10.50 B	14.11%
2008-12-31	₹9.20 B	-56.35%
2007-12-31	₹21.08 B	18.46%
2006-12-31	₹17.80 B	5.39%
2005-12-31	₹16.89 B	37.5%
2004-12-31	₹12.28 B	-10.22%
2003-12-31	₹13.68 B	3.54%
2002-12-31	₹13.21 B	37.71%
2001-12-31	₹9.59 B	-44.45%
2000-12-31	₹17.27 B	157.71%
1999-12-31	₹6.70 B	979.83%
1998-12-31	₹0.62 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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