Power Assets (0006.HK) - Cash on Hand

Cash on Hand as of December 2023 : A$0.85 Billion

According to Power Assets's latest financial reports the company has A$0.85 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.

Power Assets - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$1.10 B	35.94%
2021-12-31	A$0.81 B	-10.43%
2020-12-31	A$0.91 B	1.81%
2019-12-31	A$0.89 B	-5.66%
2018-12-31	A$0.94 B	-77.24%
2017-12-31	A$4.16 B	-62.27%
2016-12-31	A$11.04 B	-8.53%
2015-12-31	A$12.06 B	25%
2014-12-31	A$9.65 B	746%
2013-12-31	A$1.14 B	49.73%
2012-12-31	A$0.76 B	-0.83%
2011-12-31	A$0.76 B	4.06%
2010-12-31	A$0.73 B	1.02%
2009-12-31	A$0.73 B	-55.52%
2008-12-31	A$1.64 B

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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