Proeduca Altus (PRO.MC)

Cash on Hand as of August 2023 : $93.61 Million USD

According to Proeduca Altus's latest financial reports the company has $93.61 Million USD 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.

Proeduca Altus - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	$93.61 M	66.54%
2022-08-31	$56.21 M	-30.05%
2021-08-31	$80.36 M	48.63%
2020-08-31	$54.07 M	-18.43%
2019-08-31	$66.28 M	-22.61%
2018-08-31	$85.64 M	18.01%
2017-08-31	$72.57 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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Proeduca Altus (PRO.MC) - Cash on Hand