Nextel Communications (NXTL) - Cash on Hand

Cash on Hand as of December 2004 : HK$11.51 Billion

According to Nextel Communications's latest financial reports the company has HK$11.51 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.

Nextel Communications - Cash on Hand chart (from 1996 to 2004)

Cash on Hand by year

Year	Cash on Hand	Change
2004-12-31	HK$11.49 B	-24.77%
2003-12-31	HK$15.27 B
2001-12-31	HK$19.34 B	-4.93%
2000-12-31	HK$20.34 B
1998-12-31	HK$2.48 B	6.53%
1997-12-31	HK$2.33 B	116.33%
1996-12-31	HK$1.08 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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