Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : ₹6.59 Billion

According to Netwealth's latest financial reports the company has ₹6.59 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	₹6.01 B	23.43%
2022-06-30	₹4.87 B	1.66%
2021-06-30	₹4.79 B	5.74%
2020-06-30	₹4.53 B	57.11%
2019-06-30	₹2.88 B	-2.29%
2018-06-30	₹2.95 B	158.85%
2017-06-30	₹1.14 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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