Avalon Technologies (AVALON.NS)

Cash on Hand as of March 2024 : NZ$37.29 Million

According to Avalon Technologies's latest financial reports the company has NZ$37.29 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.

Avalon Technologies - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-03-31	NZ$1.51 M	-75.15%
2021-03-31	NZ$6.1 M	12.43%
2020-03-31	NZ$5.42 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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Avalon Technologies (AVALON.NS) - Cash on Hand