Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : A$0.12 Billion

According to Novonix's latest financial reports the company has A$0.12 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.

Novonix - Cash on Hand chart (from 2016 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2021-06-30	A$0.10 B	284.41%
2020-06-30	A$26.69 M	529.44%
2019-06-30	A$4.24 M	1356.84%
2018-06-30	A$0.29 M	-84.32%
2017-06-30	A$1.85 M	49.19%
2016-06-30	A$1.24 M
2015-09-30	A$2.17 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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