Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : C$0.11 Billion

According to Novonix's latest financial reports the company has C$0.11 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 2015 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.10 B	-22.31%
2022-12-31	C$0.13 B
2022-06-30	C$0.18 B	92.43%
2021-06-30	C$95.56 M	281.52%
2020-06-30	C$25.04 M	540.91%
2019-06-30	C$3.9 M	1279.33%
2018-06-30	C$0.28 M	-84.71%
2017-06-30	C$1.85 M	54.19%
2016-06-30	C$1.2 M
2015-09-30	C$2.04 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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