Latin Resources (LRS.AX)

Cash on Hand as of December 2023 : S$47.19 Million

According to Latin Resources's latest financial reports the company has S$47.19 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.

Latin Resources - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$46.59 M	94.39%
2022-12-31	S$23.97 M	3705.06%
2021-12-31	S$0.62 M	-86.34%
2020-12-31	S$4.61 M	566.24%
2019-12-31	S$0.69 M	251.23%
2018-12-31	S$0.19 M	-85.96%
2017-12-31	S$1.4 M	-11.27%
2016-12-31	S$1.58 M	2453.99%
2015-12-31	S$0.06 M	-86.57%
2014-12-31	S$0.46 M
2013-06-30	S$0.19 M	-93.09%
2012-06-30	S$2.87 M	-34.14%
2011-06-30	S$4.36 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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Latin Resources (LRS.AX) - Cash on Hand