Arabian Shield Cooperative Insurance Company (8070.SR)

Cash on Hand as of September 2024 : HK$0.60 Billion

According to Arabian Shield Cooperative Insurance Company's latest financial reports the company has HK$0.60 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.

Arabian Shield Cooperative Insurance Company - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.05 B	-26.48%
2021-12-31	HK$1.43 B	-9.09%
2020-12-31	HK$1.58 B	19.36%
2019-12-31	HK$1.32 B	0.81%
2018-12-31	HK$1.31 B	-8.69%
2017-12-31	HK$1.43 B
2012-12-31	HK$0.65 B	23.27%
2011-12-31	HK$0.53 B	-2.28%
2010-12-31	HK$0.54 B	3.55%
2009-12-31	HK$0.52 B	42.85%
2008-12-31	HK$0.37 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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Arabian Shield Cooperative Insurance Company (8070.SR) - Cash on Hand