Laurus Labs (LAURUSLABS.NS)

Cash on Hand as of September 2024 : $6.19 Million USD

According to Laurus Labs 's latest financial reports the company has $6.19 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.

Laurus Labs - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$5.59 M	-43.85%
2022-03-31	$9.96 M	51.06%
2021-03-31	$6.59 M	2694.93%
2020-03-31	$0.23 M	-44.77%
2019-03-31	$0.42 M	-7.35%
2018-03-31	$0.46 M	23.36%
2017-03-31	$0.37 M	-80.62%
2016-03-31	$1.92 M	-69.49%
2015-03-31	$6.32 M	150.46%
2014-03-31	$2.52 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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Laurus Labs (LAURUSLABS.NS) - Cash on Hand