Akumin (AKU) - Cash on Hand

Cash on Hand as of June 2023 : NZ$64.62 Million

According to Akumin's latest financial reports the company has NZ$64.62 Million 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.

Akumin - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$93.59 M	32.03%
2021-12-31	NZ$70.88 M	15.21%
2020-12-31	NZ$61.52 M	77.17%
2019-12-31	NZ$34.72 M	20.53%
2018-12-31	NZ$28.81 M	68.48%
2017-12-31	NZ$17.1 M
2017-09-30	NZ$15.51 M	55.08%
2016-09-30	NZ$10 M	111.02%
2015-09-30	NZ$4.74 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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