Lottomatica Group (LTMC.MI)

Cash on Hand as of September 2024 : NZ$0.27 Billion

According to Lottomatica Group's latest financial reports the company has NZ$0.27 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.

Lottomatica Group - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.51 B	29.43%
2022-12-31	NZ$0.40 B	57.21%
2021-12-31	NZ$0.25 B	-2.86%
2020-12-31	NZ$0.26 B

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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Lottomatica Group (LTMC.MI) - Cash on Hand