NZME Limited (NZM.NZ) - Cash on Hand

Cash on Hand as of December 2023 : A$5.52 Million

According to NZME Limited's latest financial reports the company has A$5.52 Million 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.

NZME Limited - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$5.12 M	-3.07%
2022-12-31	A$5.29 M	-58.53%
2021-12-31	A$12.75 M	17.58%
2020-12-31	A$10.84 M	-21.77%
2019-12-31	A$13.86 M	24.3%
2018-12-31	A$11.15 M	28.15%
2017-12-31	A$8.7 M	-44.22%
2016-12-31	A$15.6 M	115.76%
2015-12-31	A$7.23 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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