Soltec Power Holdings (SOL.MC)

Cash on Hand as of June 2023 : NZ$44.22 Million

According to Soltec Power Holdings's latest financial reports the company has NZ$44.22 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.

Soltec Power Holdings - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$49.25 M	-31.79%
2021-12-31	NZ$72.2 M	-66.92%
2020-12-31	NZ$0.21 B	350.55%
2019-12-31	NZ$48.44 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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Soltec Power Holdings (SOL.MC) - Cash on Hand