Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : NZ$0.13 Billion

According to Novonix's latest financial reports the company has NZ$0.13 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.

Novonix - Cash on Hand chart (from 2015 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.12 B	-20.21%
2022-12-31	NZ$0.15 B
2022-06-30	NZ$0.22 B	107.9%
2021-06-30	NZ$0.11 B	286.49%
2020-06-30	NZ$28.53 M	544.22%
2019-06-30	NZ$4.42 M	1292.15%
2018-06-30	NZ$0.31 M	-83.69%
2017-06-30	NZ$1.95 M	49.6%
2016-06-30	NZ$1.3 M
2015-09-30	NZ$2.4 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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