Balco Group (BALCO.ST) - Cash on Hand

Cash on Hand as of June 2024 : NZ$12.42 M

According to Balco Group's latest financial reports the company has NZ$12.42 M 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.

Balco Group - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.44 M	-94.39%
2022-12-31	NZ$7.85 M	-58.57%
2021-12-31	NZ$18.96 M	-47.84%
2020-12-31	NZ$36.35 M	91.91%
2019-12-31	NZ$18.94 M	31.18%
2018-12-31	NZ$14.44 M	-21.21%
2017-12-31	NZ$18.32 M	430.91%
2016-12-31	NZ$3.45 M	-29.52%
2015-12-31	NZ$4.89 M	257.78%
2014-12-31	NZ$1.36 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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