Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : €69.53 Million

According to Netwealth's latest financial reports the company has €69.53 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	€66.98 M	13.68%
2022-06-30	€58.92 M	8.59%
2021-06-30	€54.26 M	2.43%
2020-06-30	€52.97 M	44.19%
2019-06-30	€36.73 M	-0.33%
2018-06-30	€36.86 M	138.68%
2017-06-30	€15.44 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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