Prestige Wealth (PWM) - Cash on Hand

Cash on Hand as of September 2023 : A$0.68 Million

According to Prestige Wealth 's latest financial reports the company has A$0.68 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.

Prestige Wealth - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	A$0.67 M	554.43%
2022-09-30	A$0.1 M	-90.19%
2021-09-30	A$1.04 M	249.75%
2020-09-30	A$0.29 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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