Does great revenue and profitably have a determination on amount of cash a company has on hand?

Yes, great revenue and profitability can influence the amount of cash a company has on hand, as higher earnings typically lead to increased cash flow. However, factors such as expenses, investments, debt obligations, and working capital needs also play a crucial role in determining cash reserves. A profitable company might still face cash flow challenges if its earnings are tied up in receivables or if it invests heavily in growth. Ultimately, while strong revenue and profitability are beneficial, they are not the sole determinants of cash availability.