Energy Vault (NRGV) - Cash on Hand

Cash on Hand as of June 2024 : A$0.16 Billion

According to Energy Vault's latest financial reports the company has A$0.16 Billion 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.

Energy Vault - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.16 B	-45.92%
2022-12-31	A$0.29 B	105.76%
2021-12-31	A$0.14 B	1009.3%
2020-12-31	A$13.07 M	-37.57%
2019-12-31	A$20.93 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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