SofWave Medical (SOFW.TA)

Cash on Hand as of September 2024 : NZ$37.57 Million

According to SofWave Medical's latest financial reports the company has NZ$37.57 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.

SofWave Medical - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$38.61 M	-23.39%
2022-12-31	NZ$50.4 M	-25.49%
2021-12-31	NZ$67.65 M	1746.2%
2020-12-31	NZ$3.66 M	-56.83%
2019-12-31	NZ$8.48 M	4212.9%
2018-12-31	NZ$0.19 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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SofWave Medical (SOFW.TA) - Cash on Hand