Laurus Labs (LAURUSLABS.NS)

Cash on Hand as of March 2024 : NZ$26.93 M

According to Laurus Labs 's latest financial reports the company has NZ$26.93 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.

Laurus Labs - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$8.93 M	-37.83%
2022-03-31	NZ$14.36 M	51.72%
2021-03-31	NZ$9.46 M	2279.14%
2020-03-31	NZ$0.39 M	-36.67%
2019-03-31	NZ$0.62 M	-1.38%
2018-03-31	NZ$0.63 M	19.63%
2017-03-31	NZ$0.53 M	-80.97%
2016-03-31	NZ$2.79 M	-66.74%
2015-03-31	NZ$8.41 M	188.91%
2014-03-31	NZ$2.91 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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Laurus Labs (LAURUSLABS.NS) - Cash on Hand