Discover Financial Services (DFS) - Cash on Hand

Cash on Hand as of December 2022 : A$33.91 Billion

According to Discover Financial Services's latest financial reports the company has A$33.91 Billion 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.

Discover Financial Services - Cash on Hand chart (from 2006 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$31.01 B	156.96%
2021-12-31	A$12.06 B	-31.58%
2020-12-31	A$17.64 B	78.37%
2019-12-31	A$9.88 B	-47.61%
2018-12-31	A$18.87 B	10.76%
2017-12-31	A$17.04 B	3.12%
2016-12-31	A$16.52 B	25.79%
2015-12-31	A$13.13 B	47.63%
2014-12-31	A$8.90 B	21.13%
2013-12-31	A$7.34 B	-16.15%
2012-12-31	A$8.76 B
2012-11-30	A$3.76 B	32.33%
2011-11-30	A$2.84 B	-46.4%
2010-11-30	A$5.30 B	-62.6%
2009-11-30	A$14.18 B	2.37%
2008-11-30	A$13.86 B	387.74%
2007-11-30	A$2.84 B	541.48%
2006-11-30	A$0.44 B	6.37%
2005-11-30	A$0.41 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Capital One COF	A$49.58 B	46.20%	🇺🇸 USA
Zions Bancorporation ZION	A$4.80 B	-85.82%	🇺🇸 USA
TFS Financial TFSL	A$0.59 B	-98.25%	🇺🇸 USA
Associated Banc-Corp ASB	A$0.95 B	-97.19%	🇺🇸 USA

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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