Power Assets (0006.HK) - Cash on Hand

Cash on Hand as of December 2023 : NZ$0.95 Billion

According to Power Assets's latest financial reports the company has NZ$0.95 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.

Power Assets - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$1.18 B	37.27%
2021-12-31	NZ$0.86 B	-10.79%
2020-12-31	NZ$0.97 B	4.37%
2019-12-31	NZ$0.92 B	-6.62%
2018-12-31	NZ$0.99 B	-78.26%
2017-12-31	NZ$4.57 B	-60.14%
2016-12-31	NZ$11.48 B	-10.57%
2015-12-31	NZ$12.84 B	27.38%
2014-12-31	NZ$10.08 B	714.1%
2013-12-31	NZ$1.23 B	28.65%
2012-12-31	NZ$0.96 B	-4.64%
2011-12-31	NZ$1.00 B	3.83%
2010-12-31	NZ$0.97 B	7.54%
2009-12-31	NZ$0.90 B	-54.75%
2008-12-31	NZ$1.99 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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