Switch (SWCH) - Cash on Hand

Cash on Hand as of September 2022 : A$63.61 Million

According to Switch's latest financial reports the company has A$63.61 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.

Switch - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	A$66.65 M	-43.5%
2020-12-31	A$0.11 B	234.14%
2019-12-31	A$35.3 M	-69.5%
2018-12-31	A$0.11 B	-65.85%
2017-12-31	A$0.33 B	975.89%
2016-12-31	A$31.5 M	61.74%
2015-12-31	A$19.48 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LiveRamp RAMP	A$0.53 B	744.68%	🇺🇸 USA
RigNet RNET	N/A	N/A	🇺🇸 USA

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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