AvidXchange (AVDX) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.77 Billion

According to AvidXchange's latest financial reports the company has NZ$0.77 Billion 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.

AvidXchange - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.71 B	-1.76%
2022-12-31	NZ$0.72 B	-11.77%
2021-12-31	NZ$0.82 B	135.5%
2020-12-31	NZ$0.34 B	4.61%
2019-12-31	NZ$0.33 B

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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