The Phoenix Holdings (PHOE.TA)

Cash on Hand as of June 2024 : NZ$9.70 Billion

According to The Phoenix Holdings's latest financial reports the company has NZ$9.70 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.

The Phoenix Holdings - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$14.50 B	10.07%
2022-12-31	NZ$13.18 B	4.12%
2021-12-31	NZ$12.65 B	30.07%
2020-12-31	NZ$9.73 B	49.34%
2019-12-31	NZ$6.51 B	133.63%
2018-12-31	NZ$2.78 B	-67.96%
2017-12-31	NZ$8.70 B	11.56%
2016-12-31	NZ$7.80 B	-8.22%
2015-12-31	NZ$8.50 B	-1.29%
2014-12-31	NZ$8.61 B	2.25%
2013-12-31	NZ$8.42 B	868.43%
2012-12-31	NZ$0.86 B	7.09%
2011-12-31	NZ$0.81 B	-64.35%
2010-12-31	NZ$2.27 B	28.49%
2009-12-31	NZ$1.77 B	268.2%
2008-12-31	NZ$0.48 B	-56.76%
2007-12-31	NZ$1.11 B	-7.52%
2006-12-31	NZ$1.20 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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The Phoenix Holdings (PHOE.TA) - Cash on Hand