SofWave Medical (SOFW.TA)

Cash on Hand as of June 2024 : A$32.61 Million

According to SofWave Medical's latest financial reports the company has A$32.61 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.

SofWave Medical - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$35.84 M	-23.78%
2022-12-31	A$47.03 M	-26.21%
2021-12-31	A$63.73 M	1753.64%
2020-12-31	A$3.43 M	-57.88%
2019-12-31	A$8.16 M	4257.11%
2018-12-31	A$0.18 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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SofWave Medical (SOFW.TA) - Cash on Hand