Polar Power (POLA) - Cash on Hand

Cash on Hand as of June 2024 : NZ$1.8 M

According to Polar Power 's latest financial reports the company has NZ$1.8 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.

Polar Power - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.33 M	-95.54%
2021-12-31	NZ$7.44 M	225.45%
2020-12-31	NZ$2.28 M	-45.64%
2019-12-31	NZ$4.21 M	-39.08%
2018-12-31	NZ$6.91 M	-65.44%
2017-12-31	NZ$19.99 M	-14.72%
2016-12-31	NZ$23.44 M	5985.41%
2015-12-31	NZ$0.38 M	-45.39%
2014-12-31	NZ$0.7 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Hyliion HYLN	NZ$0.25 B	13,771.67%	🇺🇸 USA
Polar Power POLA	NZ$1.8 M	0.00%	🇺🇸 USA

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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