Western Bulk (WEST.OL) - Cash on Hand

Cash on Hand as of December 2023 : NZ$71.86 Million

According to Western Bulk's latest financial reports the company has NZ$71.86 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.

Western Bulk - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$63.91 M	-41.16%
2022-12-31	NZ$0.10 B	-39.24%
2021-12-31	NZ$0.17 B	325.77%
2020-12-31	NZ$41.98 M	-25.05%
2019-12-31	NZ$56.02 M	20.63%
2018-12-31	NZ$46.44 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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