Procaps Group (PROC) - Cash on Hand

Cash on Hand as of September 2023 : NZ$44.26 Million

According to Procaps Group's latest financial reports the company has NZ$44.26 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.

Procaps Group - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$67.73 M	-35.84%
2021-12-31	NZ$0.10 B	1701.29%
2020-12-31	NZ$5.86 M	93.31%
2019-12-31	NZ$3.03 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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