Golden Sun Education Group (GSUN)

Cash on Hand as of September 2023 : NZ$11.05 Million

According to Golden Sun Education Group's latest financial reports the company has NZ$11.05 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.

Golden Sun Education Group - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	NZ$10.93 M	-69.15%
2022-09-30	NZ$35.43 M	1941.6%
2021-09-30	NZ$1.73 M	-0.34%
2020-09-30	NZ$1.74 M	-64.79%
2019-09-30	NZ$4.94 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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Golden Sun Education Group (GSUN) - Cash on Hand