Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : C$99.76 Million

According to Netwealth's latest financial reports the company has C$99.76 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$96.99 M	22.1%
2022-06-30	C$79.44 M	-0.54%
2021-06-30	C$79.86 M	-1.68%
2020-06-30	C$81.23 M	48.27%
2019-06-30	C$54.78 M	-3.43%
2018-06-30	C$56.72 M	147.37%
2017-06-30	C$22.93 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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