PSC Insurance Group (PSI.AX)

Cash on Hand as of June 2024 : A$74.33 Million

According to PSC Insurance Group's latest financial reports the company has A$74.33 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.

PSC Insurance Group - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$73.79 M	-30.95%
2022-06-30	A$0.10 B	119.12%
2021-06-30	A$48.76 M	87.36%
2020-06-30	A$26.03 M	-80.43%
2019-06-30	A$0.13 B	-17.39%
2018-06-30	A$0.16 B	100.84%
2017-06-30	A$80.16 M	-9.13%
2016-06-30	A$88.22 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