Nickel Industries Limited (NIC.AX)

Cash on Hand as of December 2023 : NZ$1.29 Billion

According to Nickel Industries Limited's latest financial reports the company has NZ$1.29 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.

Nickel Industries Limited - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$1.22 B	439.39%
2022-12-31	NZ$0.22 B	55.26%
2021-12-31	NZ$0.14 B	-60.93%
2020-12-31	NZ$0.37 B
2019-06-30	NZ$51.18 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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Nickel Industries Limited (NIC.AX) - Cash on Hand