Arafura Rare Earths (ARU.AX)

Cash on Hand as of June 2024 : NZ$48.24 Million

According to Arafura Rare Earths's latest financial reports the company has NZ$48.24 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.

Arafura Rare Earths - Cash on Hand chart (from 2004 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	NZ$46.33 M	-67.04%
2023-06-30	NZ$0.14 B	415.39%
2022-06-30	NZ$27.27 M	135.24%
2021-06-30	NZ$11.59 M	-52.37%
2020-06-30	NZ$24.34 M	331.77%
2019-06-30	NZ$5.63 M	-34.49%
2018-06-30	NZ$8.6 M	-34.35%
2017-06-30	NZ$13.11 M	8.34%
2016-06-30	NZ$12.1 M	-35.07%
2015-06-30	NZ$18.64 M	-29.23%
2014-06-30	NZ$26.34 M	-30.66%
2013-06-30	NZ$37.98 M	52.28%
2012-06-30	NZ$24.94 M	-72.55%
2011-06-30	NZ$90.88 M	214.54%
2010-06-30	NZ$28.89 M	108.26%
2009-06-30	NZ$13.87 M	-25.6%
2008-06-30	NZ$18.64 M	256.67%
2007-06-30	NZ$5.22 M	-31.61%
2006-06-30	NZ$7.64 M	216.78%
2005-06-30	NZ$2.41 M	-7.25%
2004-06-30	NZ$2.6 M	-28.96%
2003-06-30	NZ$3.66 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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Arafura Rare Earths (ARU.AX) - Cash on Hand