PSC Insurance Group (PSI.AX)

Cash on Hand as of June 2024 : NZ$85.66 Million

According to PSC Insurance Group's latest financial reports the company has NZ$85.66 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$80.51 M	-31.83%
2022-06-30	NZ$0.11 B	125.31%
2021-06-30	NZ$52.42 M	88.37%
2020-06-30	NZ$27.83 M	-79.97%
2019-06-30	NZ$0.13 B	-21.06%
2018-06-30	NZ$0.17 B	108.82%
2017-06-30	NZ$84.28 M	-8.89%
2016-06-30	NZ$92.5 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