Fastned (FAST.AS) - Cash on Hand

Cash on Hand as of June 2023 : A$0.21 Billion

According to Fastned's latest financial reports the company has A$0.21 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.

Fastned - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.23 B	17.32%
2021-12-31	A$0.20 B	271.09%
2020-12-31	A$54.14 M	72.14%
2019-12-31	A$31.45 M	95.69%
2018-12-31	A$16.07 M	-35.89%
2017-12-31	A$25.07 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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