PSC Insurance Group (PSI.AX)

Cash on Hand as of June 2024 : $48.44 Million USD

According to PSC Insurance Group's latest financial reports the company has $48.44 Million USD 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	$48.84 M	-33.56%
2022-06-30	$73.52 M	100.66%
2021-06-30	$36.64 M	104.85%
2020-06-30	$17.88 M	-80.85%
2019-06-30	$93.39 M	-21.64%
2018-06-30	$0.11 B	93.46%
2017-06-30	$61.6 M	-6.51%
2016-06-30	$65.9 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