Drecom (3793.T) - Cash on Hand

Cash on Hand as of March 2024 : NZ$63.38 M

According to Drecom's latest financial reports the company has NZ$63.38 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.

Drecom - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$72.45 M	29.37%
2022-03-31	NZ$56 M	-18.26%
2021-03-31	NZ$68.51 M	93.94%
2020-03-31	NZ$35.32 M	-6.75%
2019-03-31	NZ$37.88 M	-8.23%
2018-03-31	NZ$41.28 M	10.56%
2017-03-31	NZ$37.34 M	139.43%
2016-03-31	NZ$15.59 M	-38.18%
2015-03-31	NZ$25.22 M	68.02%
2014-03-31	NZ$15.01 M	-44.33%
2013-03-31	NZ$26.97 M	-4%
2012-03-31	NZ$28.09 M	211.08%
2011-03-31	NZ$9.03 M	-4.06%
2010-03-31	NZ$9.41 M	-19.65%
2009-03-31	NZ$11.71 M	50.38%
2008-03-31	NZ$7.79 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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