Fastned (FAST.AS) - Cash on Hand

Cash on Hand as of June 2023 : NZ$0.24 Billion

According to Fastned's latest financial reports the company has NZ$0.24 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.25 B	18.47%
2021-12-31	NZ$0.21 B	269.6%
2020-12-31	NZ$57.7 M	76.46%
2019-12-31	NZ$32.69 M	93.71%
2018-12-31	NZ$16.88 M	-38.75%
2017-12-31	NZ$27.56 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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