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Netwealth Group (ASX:NWL) Ending Cash Position : A$115.7 Mil (As of Dec. 2023)


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What is Netwealth Group Ending Cash Position?

Netwealth Group's Ending Cash Position for the quarter that ended in Dec. 2023 was A$115.7 Mil.

Netwealth Group's quarterly Ending Cash Position increased from Dec. 2022 (A$98.8 Mil) to Jun. 2023 (A$109.5 Mil) and increased from Jun. 2023 (A$109.5 Mil) to Dec. 2023 (A$115.7 Mil).

Netwealth Group's annual Ending Cash Position increased from Jun. 2021 (A$81.4 Mil) to Jun. 2022 (A$88.4 Mil) and increased from Jun. 2022 (A$88.4 Mil) to Jun. 2023 (A$109.5 Mil).


Netwealth Group Ending Cash Position Historical Data

The historical data trend for Netwealth Group's Ending 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 Ending Cash Position Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Ending Cash Position
Get a 7-Day Free Trial 58.46 85.52 81.42 88.38 109.48

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.72 88.38 98.75 109.48 115.73

Netwealth Group Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Netwealth Group's Ending Cash Position for the fiscal year that ended in Jun. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=88.376+21.106
=109.5

Netwealth Group's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=109.482+6.251
=115.7


Netwealth Group Ending Cash Position Related Terms

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Netwealth Group (ASX:NWL) Business Description

Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
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.

Netwealth Group (ASX:NWL) Headlines