Rakus Co., Ltd. (3923.T)

Cash on Hand as of March 2024 : $46.3 Million USD

According to Rakus Co., Ltd.'s latest financial reports the company has $46.3 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.

Rakus Co., Ltd. - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	$46.3 M	2.96%
2023-03-31	$44.96 M	12.88%
2022-03-31	$39.83 M	-27.19%
2021-03-31	$54.71 M	136.8%
2020-03-31	$23.1 M	14.69%
2019-03-31	$20.14 M	24.57%
2018-03-31	$16.17 M	-21.97%
2017-03-31	$20.72 M	13.74%
2016-03-31	$18.22 M	124.34%
2015-03-31	$8.12 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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Rakus Co., Ltd. (3923.T) - Cash on Hand