PSC Insurance Group (PSI.AX)

Cash on Hand as of June 2024 : NZ$84.17 Million

According to PSC Insurance Group's latest financial reports the company has NZ$84.17 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.

PSC Insurance Group - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$79.64 M	-32.41%
2022-06-30	NZ$0.11 B	124.98%
2021-06-30	NZ$52.37 M	88.88%
2020-06-30	NZ$27.72 M	-80.04%
2019-06-30	NZ$0.13 B	-21.07%
2018-06-30	NZ$0.17 B	109.15%
2017-06-30	NZ$84.15 M	-8.88%
2016-06-30	NZ$92.34 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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PSC Insurance Group (PSI.AX) - Cash on Hand