Life Insurance Corporation of India (LIC) (LICI.NS)

Cash on Hand as of March 2024 : $9.55 Billion USD

According to Life Insurance Corporation of India (LIC)'s latest financial reports the company has $9.55 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.

Life Insurance Corporation of India (LIC) - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$5.54 B	-6.04%
2022-03-31	$5.89 B	-27.52%
2021-03-31	$8.13 B	-4.33%
2020-03-31	$8.50 B	-3.88%
2019-03-31	$8.84 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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Life Insurance Corporation of India (LIC) (LICI.NS) - Cash on Hand