Lithium Royalty Corp. (LIRC.TO)

Cash on Hand as of September 2024 : NZ$12.56 Million

According to Lithium Royalty Corp.'s latest financial reports the company has NZ$12.56 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.

Lithium Royalty Corp. - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$18.59 M	-67.1%
2022-12-31	NZ$56.5 M	156.95%
2021-12-31	NZ$21.99 M	199.65%
2020-12-31	NZ$7.33 M	-0.41%
2019-12-31	NZ$7.36 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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Lithium Royalty Corp. (LIRC.TO) - Cash on Hand