Ackerstein Group (ACKR.TA)

Cash on Hand as of June 2024 : NZ$40.71 Million

According to Ackerstein Group's latest financial reports the company has NZ$40.71 Million 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.

Ackerstein Group - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$58.79 M	-45.83%
2022-12-31	NZ$0.10 B	33.38%
2021-12-31	NZ$81.38 M	43.49%
2020-12-31	NZ$56.71 M	77.12%
2019-12-31	NZ$32.02 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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Ackerstein Group (ACKR.TA) - Cash on Hand