Arqit Quantum (ARQQ) - Cash on Hand

Cash on Hand as of September 2023 : NZ$72.74 M

According to Arqit Quantum's latest financial reports the company has NZ$72.74 M 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.

Arqit Quantum - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	NZ$74.15 M	-13.04%
2022-09-30	NZ$85.27 M	-32.61%
2021-09-30	NZ$0.12 B	42736.33%
2020-09-30	NZ$0.29 M	-95.61%
2019-09-30	NZ$6.72 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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