Nine Entertainment Co. Holdings (NEC.AX)

Cash on Hand as of June 2024 : $62.15 Million USD

According to Nine Entertainment Co. Holdings's latest financial reports the company has $62.15 Million USD 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.

Nine Entertainment Co. Holdings - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$79.22 M	-24.97%
2022-06-30	$0.10 B	-18.26%
2021-06-30	$0.12 B	0.31%
2020-06-30	$0.12 B	-28.4%
2019-06-30	$0.17 B	567.87%
2018-06-30	$26.92 M	-47.47%
2017-06-30	$51.26 M	60.11%
2016-06-30	$32.01 M	-17.95%
2015-06-30	$39.02 M	-81.15%
2014-06-30	$0.20 B	-26.36%
2013-06-30	$0.28 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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Nine Entertainment Co. Holdings (NEC.AX) - Cash on Hand