Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : ₹6.68 Billion

According to Novonix's latest financial reports the company has ₹6.68 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹6.55 B	-20.04%
2022-12-31	₹8.19 B
2022-06-30	₹11.26 B	96.65%
2021-06-30	₹5.72 B	312.47%
2020-06-30	₹1.38 B	576.29%
2019-06-30	₹0.20 B	1292.06%
2018-06-30	₹14.74 M	-84.04%
2017-06-30	₹92.4 M	47.5%
2016-06-30	₹62.64 M
2015-09-30	₹0.10 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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