Gulf Insurance Group (GINS.KW)

Cash on Hand as of September 2024 : €1.61 Billion

According to Gulf Insurance Group's latest financial reports the company has €1.61 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.

Gulf Insurance Group - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€1.38 B	-7.94%
2022-12-31	€1.50 B	4.41%
2021-12-31	€1.44 B	347.58%
2020-12-31	€0.32 B	-17.61%
2019-12-31	€0.39 B	27.29%
2018-12-31	€0.30 B	20.97%
2017-12-31	€0.25 B	-9.51%
2016-12-31	€0.28 B	41.55%
2015-12-31	€0.19 B	-34.97%
2014-12-31	€0.30 B	27.06%
2013-12-31	€0.24 B	18.57%
2012-12-31	€0.20 B	15.76%
2011-12-31	€0.17 B	140.93%
2010-12-31	€72.57 M	-61.21%
2009-12-31	€0.18 B	28.48%
2008-12-31	€0.14 B	-10.42%
2007-12-31	€0.16 B	13.18%
2006-12-31	€0.14 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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Gulf Insurance Group (GINS.KW) - Cash on Hand