Synlait Milk (SML.NZ) - Cash on Hand

Cash on Hand as of July 2023 : NZ$9.25 M

According to Synlait Milk's latest financial reports the company has NZ$9.25 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.

Synlait Milk - Cash on Hand chart (from 2014 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-07-31	NZ$9.29 M	-35.9%
2022-07-31	NZ$14.49 M	-9.53%
2021-07-31	NZ$16.02 M	172.13%
2020-07-31	NZ$5.88 M	-63.22%
2019-07-31	NZ$16 M	-50.18%
2018-07-31	NZ$32.12 M	-56.48%
2017-07-31	NZ$73.82 M	3510.12%
2016-07-31	NZ$2.04 M	33.75%
2015-07-31	NZ$1.52 M	-36.11%
2014-07-31	NZ$2.39 M	1.18%
2013-07-31	NZ$2.36 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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