Nickel Industries Limited (NIC.AX)

Cash on Hand as of December 2023 : ₹66.08 Billion

According to Nickel Industries Limited's latest financial reports the company has ₹66.08 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.

Nickel Industries Limited - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹64.51 B	440.51%
2022-12-31	₹11.93 B	60.45%
2021-12-31	₹7.43 B	-62.36%
2020-12-31	₹19.76 B
2019-06-30	₹2.37 B

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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Nickel Industries Limited (NIC.AX) - Cash on Hand