IDP Education (IEL.AX) - Cash on Hand

Cash on Hand as of June 2024 : ₹6.87 Billion

According to IDP Education's latest financial reports the company has ₹6.87 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.

IDP Education - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	₹9.05 B	-15.18%
2022-06-30	₹10.67 B	-37.7%
2021-06-30	₹17.13 B	7.25%
2020-06-30	₹15.97 B	488.57%
2019-06-30	₹2.71 B	9.75%
2018-06-30	₹2.47 B	18.39%
2017-06-30	₹2.08 B	17.34%
2016-06-30	₹1.78 B	139.55%
2015-06-30	₹0.74 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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