Optomed (OPTOMED.HE) - Cash on Hand

Cash on Hand as of June 2024 : NZ$22.11 Million

According to Optomed's latest financial reports the company has NZ$22.11 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.

Optomed - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$12.44 M	-13.6%
2022-12-31	NZ$14.4 M	27.66%
2021-12-31	NZ$11.28 M	-37.61%
2020-12-31	NZ$18.08 M	-42.37%
2019-12-31	NZ$31.38 M	819.99%
2018-12-31	NZ$3.41 M	95.64%
2017-12-31	NZ$1.74 M	-29.17%
2016-12-31	NZ$2.46 M	-45.38%
2015-12-31	NZ$4.5 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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