EngageSmart (ESMT) - Cash on Hand

Cash on Hand as of September 2023 : NZ$0.61 Billion

According to EngageSmart's latest financial reports the company has NZ$0.61 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.

EngageSmart - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.49 B	31.9%
2021-12-31	NZ$0.37 B	815.25%
2020-12-31	NZ$40.67 M	343%
2019-12-31	NZ$9.18 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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