TI Fluid Systems (TIFS.L)

Cash on Hand as of June 2023 : NZ$0.83 Billion

According to TI Fluid Systems's latest financial reports the company has NZ$0.83 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.

TI Fluid Systems - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.82 B	0.06%
2021-12-31	NZ$0.82 B	0.23%
2020-12-31	NZ$0.82 B	21.22%
2019-12-31	NZ$0.68 B	10.73%
2018-12-31	NZ$0.61 B	25.73%
2017-12-31	NZ$0.49 B	62.11%
2016-12-31	NZ$0.30 B	-29.49%
2015-12-31	NZ$0.42 B	59.67%
2014-12-31	NZ$0.26 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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TI Fluid Systems (TIFS.L) - Cash on Hand