Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : €74.65 Million

According to Novonix's latest financial reports the company has €74.65 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.

Novonix - Cash on Hand chart (from 2015 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€71.2 M	-22.88%
2022-12-31	€92.32 M
2022-06-30	€0.13 B	110.95%
2021-06-30	€64.77 M	297.19%
2020-06-30	€16.3 M	523.78%
2019-06-30	€2.61 M	1319.96%
2018-06-30	€0.18 M	-85.23%
2017-06-30	€1.24 M	49.29%
2016-06-30	€0.83 M
2015-09-30	€1.35 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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