hGears AG (HGEA.DE) - Cash on Hand

Cash on Hand as of December 2023 : $29.4 Million USD

According to hGears AG's latest financial reports the company has $29.4 Million USD 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.

hGears AG - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$29.4 M	-26.48%
2022-12-31	$39.99 M	-25.54%
2021-12-31	$53.7 M	86.33%
2020-12-31	$28.82 M

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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