International Distributions Services (Royal Mail) (IDS.L)

Cash on Hand as of March 2024 : NZ$2.78 Billion

According to International Distributions Services (Royal Mail)'s latest financial reports the company has NZ$2.78 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.

International Distributions Services (Royal Mail) - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$1.77 B	-25.83%
2022-03-31	NZ$2.39 B	-22.65%
2021-03-31	NZ$3.09 B	-10.05%
2020-03-31	NZ$3.43 B	659.62%
2019-03-31	NZ$0.45 B	-61.04%
2018-03-31	NZ$1.16 B	118.03%
2017-03-31	NZ$0.53 B	-30.48%
2016-03-31	NZ$0.76 B	13.16%
2015-03-31	NZ$0.67 B	-3.89%
2014-03-31	NZ$0.70 B	10.22%
2013-03-31	NZ$0.63 B	-34.9%
2012-03-31	NZ$0.98 B	45.5%
2011-03-31	NZ$0.67 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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International Distributions Services (Royal Mail) (IDS.L) - Cash on Hand