Encounter Resources (ENR.AX)

Cash on Hand as of June 2024 : NZ$16.04 Million

According to Encounter Resources's latest financial reports the company has NZ$16.04 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.

Encounter Resources - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$12.89 M	438.64%
2022-06-30	NZ$2.39 M	-60.84%
2021-06-30	NZ$6.11 M	206.47%
2020-06-30	NZ$1.99 M	-23.02%
2019-06-30	NZ$2.59 M	-17.13%
2018-06-30	NZ$3.12 M	-18.1%
2017-06-30	NZ$3.81 M	-1.18%
2016-06-30	NZ$3.86 M	150.97%
2015-06-30	NZ$1.53 M	-62.61%
2014-06-30	NZ$4.11 M	-27.44%
2013-06-30	NZ$5.67 M	-14.27%
2012-06-30	NZ$6.61 M	-29.38%
2011-06-30	NZ$9.37 M	221.57%
2010-06-30	NZ$2.91 M	2.47%
2009-06-30	NZ$2.84 M	-51.88%
2008-06-30	NZ$5.91 M	-20.79%
2007-06-30	NZ$7.46 M	45.6%
2006-06-30	NZ$5.12 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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Encounter Resources (ENR.AX) - Cash on Hand