Sterling Tools (STERTOOLS.NS)

Cash on Hand as of March 2024 : NZ$21.81 Million

According to Sterling Tools's latest financial reports the company has NZ$21.81 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.

Sterling Tools - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$11.71 M	94.09%
2022-03-31	NZ$6.03 M	-32.92%
2021-03-31	NZ$8.99 M	85.45%
2020-03-31	NZ$4.85 M	-58.84%
2019-03-31	NZ$11.78 M	-0.69%
2018-03-31	NZ$11.86 M	2028.5%
2017-03-31	NZ$0.55 M	-77.16%
2016-03-31	NZ$2.44 M	781.52%
2015-03-31	NZ$0.27 M	-77.55%
2014-03-31	NZ$1.23 M	-29.78%
2013-03-31	NZ$1.75 M	38.28%
2012-03-31	NZ$1.27 M	-43.02%
2011-03-31	NZ$2.22 M	317.86%
2010-03-31	NZ$0.53 M	14.15%
2009-03-31	NZ$0.46 M	-46.93%
2008-03-31	NZ$0.88 M	87.54%
2007-03-31	NZ$0.46 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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Sterling Tools (STERTOOLS.NS) - Cash on Hand