Netwealth Group (ASX:NWL) Beginning Cash Position : A$109.5 Mil (As of Dec. 2023)

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What is Netwealth Group Beginning Cash Position?

Netwealth Group's Beginning Cash Position for the quarter that ended in Dec. 2023 was A$109.5 Mil.

Netwealth Group's quarterly Beginning Cash Position increased from Dec. 2022 (A$88.4 Mil) to Jun. 2023 (A$98.8 Mil) and increased from Jun. 2023 (A$98.8 Mil) to Dec. 2023 (A$109.5 Mil).

Netwealth Group's annual Beginning Cash Position declined from Jun. 2021 (A$85.5 Mil) to Jun. 2022 (A$81.4 Mil) but then increased from Jun. 2022 (A$81.4 Mil) to Jun. 2023 (A$88.4 Mil).

Netwealth Group Beginning Cash Position Historical Data

The historical data trend for Netwealth Group's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Netwealth Group Beginning Cash Position Chart

Netwealth Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Beginning Cash Position

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52.67

58.46

85.52

81.42

88.38

Netwealth Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Beginning Cash Position	Get a 7-Day Free Trial								81.42	85.72	88.38	98.75	109.48

Netwealth Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Netwealth Group Beginning Cash Position Related Terms

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Netwealth Group (ASX:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netwealth Group Ltd (ASX:NWL) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.netwealth.com.au

Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.