Bytes Technology (BYIT.L)

Cash on Hand as of February 2024 : NZ$0.20 Billion

According to Bytes Technology's latest financial reports the company has NZ$0.20 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.

Bytes Technology - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-02-28	NZ$0.14 B	6.54%
2022-02-28	NZ$0.13 B	236.01%
2021-02-28	NZ$39.91 M
2020-02-29	NZ$97.13 M
2019-02-28	NZ$50.59 M	292.57%
2018-02-28	NZ$12.88 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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Bytes Technology (BYIT.L) - Cash on Hand