Fortescue (FMG.AX) - Cash on Hand

Cash on Hand as of June 2023 : NZ$6.92 B

According to Fortescue's latest financial reports the company has NZ$6.92 B 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.

Fortescue - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$6.98 B	-16.32%
2022-06-30	NZ$8.35 B	12.02%
2021-06-30	NZ$7.45 B	44.06%
2020-06-30	NZ$5.17 B	164.39%
2019-06-30	NZ$1.95 B	107.51%
2018-06-30	NZ$0.94 B	-51.1%
2017-06-30	NZ$1.92 B	15.93%
2016-06-30	NZ$1.66 B	-37.36%
2015-06-30	NZ$2.65 B	3.27%
2014-06-30	NZ$2.57 B	1.01%
2013-06-30	NZ$2.54 B	-14.82%
2012-06-30	NZ$2.99 B	-13.54%
2011-06-30	NZ$3.45 B	130.44%
2010-06-30	NZ$1.50 B	84.92%
2009-06-30	NZ$0.81 B	250.37%
2008-06-30	NZ$0.23 B	-85.26%
2007-06-30	NZ$1.57 B	6873.24%
2006-06-30	NZ$22.53 M	-66.63%
2005-06-30	NZ$67.53 M	1553.91%
2004-06-30	NZ$4.08 M	192.21%
2003-06-30	NZ$1.39 M	59.38%
2002-06-30	NZ$0.87 M	98.92%
2001-06-30	NZ$0.44 M	-19.71%
2000-06-30	NZ$0.54 M	-7.48%
1999-06-30	NZ$0.59 M	-49.59%
1998-06-30	NZ$1.17 M	-53.65%
1997-06-30	NZ$2.53 M	213.05%
1996-06-30	NZ$0.81 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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