Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : €62.94 Million

According to Netwealth's latest financial reports the company has €62.94 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.

Netwealth - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	€67.14 M	14.01%
2022-06-30	€58.89 M	8.35%
2021-06-30	€54.35 M	2.06%
2020-06-30	€53.25 M	44.63%
2019-06-30	€36.82 M	-0.1%
2018-06-30	€36.86 M	138.27%
2017-06-30	€15.47 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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