Nicholas Financial (NICK)

Cash on Hand as of December 2011 : C$6.59 Million

According to Nicholas Financial's latest financial reports the company has C$6.59 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.

Nicholas Financial - Cash on Hand chart (from 1997 to 2011)

Cash on Hand by year

Year	Cash on Hand	Change
2011-03-31	C$1.96 M	25.82%
2010-03-31	C$1.55 M	-28.75%
2009-03-31	C$2.18 M	-7.18%
2008-03-31	C$2.35 M	35.74%
2007-03-31	C$1.73 M	-14.03%
2006-03-31	C$2.01 M	95.52%
2005-03-31	C$1.03 M	-17.68%
2004-03-31	C$1.25 M	77.44%
2003-03-31	C$0.7 M	764.68%
2002-03-31	C$0.08 M	-83.82%
2001-03-31	C$0.5 M	33.99%
2000-03-31	C$0.37 M	-50.93%
1999-03-31	C$0.76 M	78.3%
1998-03-31	C$0.43 M	188.07%
1997-03-31	C$0.14 M	-77.5%
1996-03-31	C$0.66 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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Nicholas Financial (NICK) - Cash on Hand