Polished.com (POL) - Cash on Hand

Cash on Hand as of September 2023 : NZ$16.3 Million

According to Polished.com's latest financial reports the company has NZ$16.3 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.

Polished.com - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$30.79 M	-18.24%
2021-12-31	NZ$37.66 M	2806.3%
2020-12-31	NZ$1.29 M	85.17%
2019-12-31	NZ$0.69 M	-69.23%
2018-12-31	NZ$2.27 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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