Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : $72.79 Million USD

According to Netwealth's latest financial reports the company has $72.79 Million USD 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.

Netwealth - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$72.79 M	18.27%
2022-06-30	$61.55 M	-4.69%
2021-06-30	$64.58 M	8.4%
2020-06-30	$59.58 M	42.39%
2019-06-30	$41.84 M	-3.01%
2018-06-30	$43.14 M	144.14%
2017-06-30	$17.67 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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