Electrical Industries Company (EIC) (1303.SR)

Cash on Hand as of June 2024 : NZ$56.4 Million

According to Electrical Industries Company (EIC)'s latest financial reports the company has NZ$56.4 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.

Electrical Industries Company (EIC) - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$28.83 M	-43.73%
2022-12-31	NZ$51.25 M	100.04%
2021-12-31	NZ$25.62 M	-2.13%
2020-12-31	NZ$26.17 M	173.75%
2019-12-31	NZ$9.56 M	-13.83%
2018-12-31	NZ$11.09 M	-50.84%
2017-12-31	NZ$22.57 M	115%
2016-12-31	NZ$10.5 M	-34.39%
2015-12-31	NZ$16 M	-59.71%
2014-12-31	NZ$39.72 M	243.34%
2013-12-31	NZ$11.57 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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Electrical Industries Company (EIC) (1303.SR) - Cash on Hand