Orient Electric (ORIENTELEC.NS)

Cash on Hand as of March 2024 : NZ$20.21 M

According to Orient Electric 's latest financial reports the company has NZ$20.21 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.

Orient Electric - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$32.17 M	13.39%
2022-03-31	NZ$28.37 M	-43.25%
2021-03-31	NZ$49.99 M	3104.66%
2020-03-31	NZ$1.56 M	-76.61%
2019-03-31	NZ$6.67 M	2.11%
2018-03-31	NZ$6.53 M	26.84%
2017-03-31	NZ$5.15 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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Orient Electric (ORIENTELEC.NS) - Cash on Hand