According to Electromed latest financial reports the cash on hand of ELMD is $7.37M, an decrease of -9.58% to 2022. At the end of 2022 company had $8.15M cash on hand. This amount reflects the liquid assets available to the company, which are crucial for its operational flexibility, investment opportunities, and overall financial security.
Year | Cash on Hand | Change |
---|---|---|
2023 | $7.37M | -9.58% |
2022 | $8.15M | -31.42% |
2021 | $11.89M | 13.46% |
2020 | $10.48M | 34.21% |
2019 | $7.81M | - |