Stellar Bancorp (STEL) - Cash on Hand

Cash on Hand as of September 2022 : NZ$0.65 Billion

According to Stellar Bancorp's latest financial reports the company has NZ$0.65 Billion 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.

Stellar Bancorp - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	NZ$1.39 B	86.56%
2020-12-31	NZ$0.74 B	34.97%
2019-12-31	NZ$0.55 B	-3.01%
2018-12-31	NZ$0.56 B	23.79%
2017-12-31	NZ$0.46 B	-16.71%
2016-12-31	NZ$0.55 B	-13.13%
2015-12-31	NZ$0.63 B

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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