American Coastal Insurance Corporation (ACIC)

Cash on Hand as of September 2024 : HK$2.55 Billion

According to American Coastal Insurance Corporation's latest financial reports the company has HK$2.55 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.

American Coastal Insurance Corporation - Cash on Hand chart (from 2007 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$4.73 B	-30.61%
2021-12-31	HK$6.82 B	-25.32%
2020-12-31	HK$9.14 B	6.69%
2019-12-31	HK$8.56 B	12.23%
2018-12-31	HK$7.63 B	-1.53%
2017-12-31	HK$7.75 B	47.19%
2016-12-31	HK$5.26 B	26.45%
2015-12-31	HK$4.16 B	21.24%
2014-12-31	HK$3.43 B	35.7%
2013-12-31	HK$2.53 B	46.44%
2012-12-31	HK$1.72 B	34.44%
2011-12-31	HK$1.28 B	130.69%
2010-12-31	HK$0.55 B	165.48%
2009-12-31	HK$0.21 B	-7.85%
2008-12-31	HK$0.22 B	-48.58%
2007-12-31	HK$0.44 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Oxford Lane Capital OXLC	N/A	N/A	🇺🇸 USA
Oxford Square Capital OXSQ	HK$0.11 B	-95.64%	🇺🇸 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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American Coastal Insurance Corporation (ACIC) - Cash on Hand

Cash on Hand as of September 2024 : HK$2.55 Billion