Bank of Innovation (4393.T)

Cash on Hand as of March 2024 : NZ$49.92 Million

According to Bank of Innovation's latest financial reports the company has NZ$49.92 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.

Bank of Innovation - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	NZ$60.42 M	380.48%
2022-09-30	NZ$12.57 M	-42.19%
2021-09-30	NZ$21.75 M	-38.9%
2020-09-30	NZ$35.6 M	1.06%
2019-09-30	NZ$35.23 M	33.16%
2018-09-30	NZ$26.46 M	70.25%
2017-09-30	NZ$15.54 M	13.18%
2016-09-30	NZ$13.73 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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Bank of Innovation (4393.T) - Cash on Hand