Econergy Renewable Energy (ECNR.TA)

Cash on Hand as of June 2024 : NZ$0.11 Billion

According to Econergy Renewable Energy's latest financial reports the company has NZ$0.11 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.

Econergy Renewable Energy - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$91.61 M	170.91%
2022-12-31	NZ$33.81 M	-76.69%
2021-12-31	NZ$0.14 B	4386.28%
2020-12-31	NZ$3.23 M	16%
2019-12-31	NZ$2.78 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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Econergy Renewable Energy (ECNR.TA) - Cash on Hand