Fonix Mobile (FNX.L) - Cash on Hand

Cash on Hand as of December 2023 : NZ$62.09 Million

According to Fonix Mobile's latest financial reports the company has NZ$62.09 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.

Fonix Mobile - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$42.93 M	29.65%
2022-06-30	NZ$33.11 M	-3.55%
2021-06-30	NZ$34.33 M	-37.36%
2020-06-30	NZ$54.81 M	172.67%
2019-06-30	NZ$20.1 M	-25.68%
2018-06-30	NZ$27.04 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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