Alkane Resources (ALK.AX) - Cash on Hand

Cash on Hand as of June 2024 : NZ$52.7 Million

According to Alkane Resources's latest financial reports the company has NZ$52.7 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.

Alkane Resources - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	NZ$49.8 M	-42.9%
2023-06-30	NZ$87.23 M	1.32%
2022-06-30	NZ$86.09 M	323.07%
2021-06-30	NZ$20.35 M	-60.65%
2020-06-30	NZ$51.71 M	-28.85%
2019-06-30	NZ$72.68 M	-7.67%
2018-06-30	NZ$78.72 M	78.87%
2017-06-30	NZ$44.01 M	72.42%
2016-06-30	NZ$25.52 M	51.64%
2015-06-30	NZ$16.83 M	-23.74%
2014-06-30	NZ$22.07 M
2012-12-31	NZ$0.21 B	1558.36%
2011-12-31	NZ$12.88 M	114.72%
2010-12-31	NZ$6 M	-54.91%
2009-12-31	NZ$13.3 M	24.46%
2008-12-31	NZ$10.69 M	30.93%
2007-12-31	NZ$8.16 M	21.82%
2006-12-31	NZ$6.7 M	77.64%
2005-12-31	NZ$3.77 M	94.89%
2004-12-31	NZ$1.93 M	-69.37%
2003-12-31	NZ$6.32 M	90.04%
2002-12-31	NZ$3.32 M	-28.26%
2001-12-31	NZ$4.63 M	-18.43%
2000-12-31	NZ$5.68 M	190.26%
1999-12-31	NZ$1.95 M	-32.37%
1998-12-31	NZ$2.89 M	-22.52%
1997-12-31	NZ$3.73 M	-43.85%
1996-12-31	NZ$6.65 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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