Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : HK$0.61 Billion

According to Novonix's latest financial reports the company has HK$0.61 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	HK$0.61 B	-20.56%
2022-12-31	HK$0.77 B
2022-06-30	HK$1.11 B	87.13%
2021-06-30	HK$0.59 B	321.02%
2020-06-30	HK$0.14 B	511.02%
2019-06-30	HK$23.26 M	1275.69%
2018-06-30	HK$1.69 M	-84.81%
2017-06-30	HK$11.13 M	54.39%
2016-06-30	HK$7.2 M
2015-09-30	HK$11.82 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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