Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : NZ$0.12 Billion

According to Netwealth's latest financial reports the company has NZ$0.12 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.

Netwealth - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$0.11 B	21.35%
2022-06-30	NZ$98.88 M	7.02%
2021-06-30	NZ$92.39 M	-0.32%
2020-06-30	NZ$92.69 M	48.92%
2019-06-30	NZ$62.24 M	-2.29%
2018-06-30	NZ$63.7 M	163.52%
2017-06-30	NZ$24.17 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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