Powersoft (PWS.MI) - Cash on Hand

Cash on Hand as of December 2023 : NZ$38.51 Million

According to Powersoft's latest financial reports the company has NZ$38.51 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.

Powersoft - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$34.9 M	-19%
2022-12-31	NZ$43.09 M	24.1%
2021-12-31	NZ$34.72 M	85.47%
2020-12-31	NZ$18.72 M	-11.69%
2019-12-31	NZ$21.2 M	47.63%
2018-12-31	NZ$14.36 M	-31.43%
2017-12-31	NZ$20.94 M	47.27%
2016-12-31	NZ$14.22 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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