Netel Holding (NETEL.ST)

Cash on Hand as of September 2024 : NZ$43.67 Million

According to Netel Holding's latest financial reports the company has NZ$43.67 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.

Netel Holding - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$70.03 M	25.29%
2022-12-31	NZ$55.89 M	27.45%
2021-12-31	NZ$43.85 M	187.91%
2020-12-31	NZ$15.23 M	-0.72%
2019-12-31	NZ$15.34 M	33.2%
2018-12-31	NZ$11.51 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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Netel Holding (NETEL.ST) - Cash on Hand