Nicholas Financial (NICK)

Cash on Hand as of December 2011 : HK$36.74 Million

According to Nicholas Financial's latest financial reports the company has HK$36.74 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.

Nicholas Financial - Cash on Hand chart (from 1997 to 2011)

Cash on Hand by year

Year	Cash on Hand	Change
2011-03-31	HK$15.7 M	31.86%
2010-03-31	HK$11.9 M	-11.29%
2009-03-31	HK$13.42 M	-24.91%
2008-03-31	HK$17.87 M	52.63%
2007-03-31	HK$11.71 M	-12.69%
2006-03-31	HK$13.41 M	101.55%
2005-03-31	HK$6.65 M	-10.78%
2004-03-31	HK$7.46 M	98.77%
2003-03-31	HK$3.75 M	839.12%
2002-03-31	HK$0.39 M	-84%
2001-03-31	HK$2.49 M	23.76%
2000-03-31	HK$2.01 M	-48.91%
1999-03-31	HK$3.94 M	67.65%
1998-03-31	HK$2.35 M	181.1%
1997-03-31	HK$0.83 M	-77.92%
1996-03-31	HK$3.79 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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Nicholas Financial (NICK) - Cash on Hand