Power Mech Projects (POWERMECH.NS)

Cash on Hand as of March 2024 : NZ$0.26 Billion

According to Power Mech Projects's latest financial reports the company has NZ$0.26 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$8.71 M	-39.34%
2022-03-31	NZ$14.36 M	358%
2021-03-31	NZ$3.13 M	-52.12%
2020-03-31	NZ$6.55 M	-92.92%
2019-03-31	NZ$92.49 M	736.82%
2018-03-31	NZ$11.05 M	485.63%
2017-03-31	NZ$1.88 M	-97.78%
2016-03-31	NZ$85.02 M	38.66%
2015-03-31	NZ$61.31 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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Power Mech Projects (POWERMECH.NS) - Cash on Hand