Novonix (NVX) - Cash on Hand

Cash on Hand as of December 2023 : $78.71 Million USD

According to Novonix's latest financial reports the company has $78.71 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.

Novonix - Cash on Hand chart (from 2015 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$78.71 M	-20.52%
2022-12-31	$99.03 M
2022-06-30	$0.14 B	85.16%
2021-06-30	$77.09 M	320.31%
2020-06-30	$18.34 M	515.99%
2019-06-30	$2.97 M	1281.85%
2018-06-30	$0.21 M	-84.89%
2017-06-30	$1.42 M	53.49%
2016-06-30	$0.92 M
2015-09-30	$1.52 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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