Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : £60.63 Million

According to Novonix's latest financial reports the company has £60.63 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	£61.78 M	-24.53%
2022-12-31	£81.86 M
2022-06-30	£0.11 B	111.27%
2021-06-30	£55.69 M	273.79%
2020-06-30	£14.89 M	535.23%
2019-06-30	£2.34 M	1337.8%
2018-06-30	£0.16 M	-85.12%
2017-06-30	£1.09 M	58.86%
2016-06-30	£0.69 M
2015-09-30	£1 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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