ADS-TEC Energy (ADSE) - Cash on Hand

Cash on Hand as of December 2023 : NZ$56.2 Million

According to ADS-TEC Energy's latest financial reports the company has NZ$56.2 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.

ADS-TEC Energy - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$50.97 M	-12.39%
2022-12-31	NZ$58.18 M	-65.53%
2021-12-31	NZ$0.16 B	550050.86%
2020-12-31	NZ$0.03 M	-99.8%
2019-12-31	NZ$15.51 M	-57.79%
2018-12-31	NZ$36.74 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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