Passat SA (PSAT.PA) - Cash on Hand

Cash on Hand as of December 2023 : NZ$44.43 M

According to Passat SA's latest financial reports the company has NZ$44.43 M 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.

Passat SA - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$43.46 M	67.39%
2022-12-31	NZ$25.96 M	2.86%
2021-12-31	NZ$25.24 M	-27.23%
2020-12-31	NZ$34.69 M	6.12%
2019-12-31	NZ$32.69 M	10.89%
2018-12-31	NZ$29.48 M	27.87%
2017-12-31	NZ$23.05 M	2.24%
2016-12-31	NZ$22.54 M	7.93%
2015-12-31	NZ$20.89 M	12.44%
2014-12-31	NZ$18.58 M	-10.78%
2013-12-31	NZ$20.82 M	4.22%
2012-12-31	NZ$19.98 M	-44.42%
2011-12-31	NZ$35.94 M	12.09%
2010-12-31	NZ$32.06 M	3.25%
2009-12-31	NZ$31.06 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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