Powersoft (PWS.MI) - Cash on Hand

Cash on Hand as of December 2023 : A$34.2 Million

According to Powersoft's latest financial reports the company has A$34.2 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.

Powersoft - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$32.4 M	-19.41%
2022-12-31	A$40.2 M	22.89%
2021-12-31	A$32.71 M	86.22%
2020-12-31	A$17.57 M	-13.85%
2019-12-31	A$20.39 M	49.15%
2018-12-31	A$13.67 M	-28.23%
2017-12-31	A$19.05 M	39.42%
2016-12-31	A$13.66 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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