Detection Technology (DETEC.HE)

Cash on Hand as of June 2024 : NZ$28.24 Million

According to Detection Technology's latest financial reports the company has NZ$28.24 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.

Detection Technology - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$33.38 M	-16.65%
2022-12-31	NZ$40.05 M	-18.95%
2021-12-31	NZ$49.42 M	15.12%
2020-12-31	NZ$42.93 M	-0.77%
2019-12-31	NZ$43.26 M	13.53%
2018-12-31	NZ$38.11 M	-14.88%
2017-12-31	NZ$44.77 M	88.24%
2016-12-31	NZ$23.78 M	100.05%
2015-12-31	NZ$11.88 M	122.06%
2014-12-31	NZ$5.35 M	-28.14%
2013-12-31	NZ$7.45 M	92.55%
2012-12-31	NZ$3.86 M	132.36%
2011-12-31	NZ$1.66 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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Detection Technology (DETEC.HE) - Cash on Hand