PSC Insurance Group (PSI.AX)

Cash on Hand as of June 2024 : NZ$78.3 M

According to PSC Insurance Group's latest financial reports the company has NZ$78.3 M 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$80.17 M	-32.14%
2022-06-30	NZ$0.11 B	125.59%
2021-06-30	NZ$52.37 M	88.21%
2020-06-30	NZ$27.82 M	-79.97%
2019-06-30	NZ$0.13 B	-21.06%
2018-06-30	NZ$0.17 B	109.35%
2017-06-30	NZ$84.06 M	-8.82%
2016-06-30	NZ$92.19 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