How much cash does Axis Bank have?

According to Axis Bank's latest annual financial reports, the company has a total of $1.38T in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, Axis Bank holds $-980.00B in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $400.50B when combining cash and cash equivalents with short-term investments.

On a per-share basis, Axis Bank has $129.96 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $465.33B. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of 26.99%, reflecting the increase in cash and cash equivalents over the specified period.

Axis Bank Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2023.

Year	Cash on Hand	Change
2023	$1.38T	26.99%
2022	$1.09T	-17.88%
2021	$1.32T	20.00%
2020	$1.10T	-23.54%
2019	$1.44T	112.14%
2018	$680.04B	4.00%
2017	$653.90B	-3.94%
2016	$680.73B	35.17%
2015	$503.62B	-3.75%
2014	$523.22B	24.82%
2013	$419.17B	44.79%
2012	$289.51B	50.48%
2011	$192.39B	-10.13%
2010	$214.09B	40.79%
2009	$152.06B	1.25%
2008	$150.19B	20.10%
2007	$125.06B	80.76%
2006	$69.18B	89.97%
2005	$36.42B	-30.97%
2004	$52.76B	-6.84%
2003	$56.63B	N/A