Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : £55.29 Million

According to Netwealth's latest financial reports the company has £55.29 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	£57.65 M	13.62%
2022-06-30	£50.74 M	8.88%
2021-06-30	£46.6 M	-3.52%
2020-06-30	£48.3 M	46.51%
2019-06-30	£32.96 M	0.94%
2018-06-30	£32.66 M	140.65%
2017-06-30	£13.57 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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