Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : A$0.11 Billion

According to Netwealth's latest financial reports the company has A$0.11 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$0.10 B	22.93%
2022-06-30	A$89.46 M	4.08%
2021-06-30	A$85.95 M	-0.86%
2020-06-30	A$86.7 M	45.5%
2019-06-30	A$59.58 M	2.25%
2018-06-30	A$58.27 M	153.45%
2017-06-30	A$22.99 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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