Turbo Energy (TURB) - Cash on Hand

Cash on Hand as of December 2023 : NZ$5.08 Million

According to Turbo Energy's latest financial reports the company has NZ$5.08 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.

Turbo Energy - Cash on Hand chart (from 2022 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$4.65 M	448.54%
2022-12-31	NZ$0.84 M	-16.92%
2021-12-31	NZ$1.02 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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