Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : HK$0.56 Billion

According to Netwealth's latest financial reports the company has HK$0.56 Billion 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	HK$0.57 B	18.16%
2022-06-30	HK$0.48 B	-3.68%
2021-06-30	HK$0.50 B	8.58%
2020-06-30	HK$0.46 B	41.24%
2019-06-30	HK$0.32 B	-3.44%
2018-06-30	HK$0.33 B	145.52%
2017-06-30	HK$0.13 B

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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