Action Construction Equipment (ACE.NS)

Cash on Hand as of March 2024 : NZ$0.10 Billion

According to Action Construction Equipment's latest financial reports the company has NZ$0.10 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.

Action Construction Equipment - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$52.18 M	121.23%
2022-03-31	NZ$23.58 M	97.04%
2021-03-31	NZ$11.97 M	380.74%
2020-03-31	NZ$2.49 M	-69.07%
2019-03-31	NZ$8.05 M	-9.54%
2018-03-31	NZ$8.9 M	31.71%
2017-03-31	NZ$6.75 M	32.51%
2016-03-31	NZ$5.09 M	51.62%
2015-03-31	NZ$3.36 M	-31.35%
2014-03-31	NZ$4.89 M	-19.45%
2013-03-31	NZ$6.08 M	-8.39%
2012-03-31	NZ$6.63 M	351.38%
2011-03-31	NZ$1.47 M	-76.21%
2010-03-31	NZ$6.18 M	-5.34%
2009-03-31	NZ$6.53 M	-4.75%
2008-03-31	NZ$6.85 M	-46.89%
2007-03-31	NZ$12.91 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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Action Construction Equipment (ACE.NS) - Cash on Hand