Varta (VAR1.F) - Cash on Hand

Cash on Hand as of September 2023 : NZ$72.31 Million

According to Varta's latest financial reports the company has NZ$72.31 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.

Varta - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.18 B	52.24%
2021-12-31	NZ$0.12 B	-41.58%
2020-12-31	NZ$0.20 B	-48.97%
2019-12-31	NZ$0.40 B	59.43%
2018-12-31	NZ$0.25 B	9.11%
2017-12-31	NZ$0.23 B	1148.34%
2016-12-31	NZ$18.74 M
2011-12-31	NZ$44.55 M	-35.47%
2010-12-31	NZ$69.04 M	-17.5%
2009-12-31	NZ$83.68 M	-23.85%
2008-12-31	NZ$0.10 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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