The Platform Group (TPG.F)

Cash on Hand as of December 2023 : NZ$33.8 Million

According to The Platform Group's latest financial reports the company has NZ$33.8 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.

The Platform Group - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$30.17 M	106.43%
2022-12-31	NZ$14.61 M	25.8%
2021-12-31	NZ$11.61 M	-78.59%
2020-12-31	NZ$54.26 M	1336%
2019-12-31	NZ$3.77 M	-18.83%
2018-12-31	NZ$4.65 M	-23.32%
2017-12-31	NZ$6.07 M	61.47%
2016-12-31	NZ$3.76 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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The Platform Group (TPG.F) - Cash on Hand