Ascential (ASCL.L) - Cash on Hand

Cash on Hand as of December 2023 : HK$0.38 Billion

According to Ascential's latest financial reports the company has HK$0.38 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.

Ascential - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.75 B	-14.57%
2021-12-31	HK$0.88 B	7.12%
2020-12-31	HK$0.82 B	-28.46%
2019-12-31	HK$1.15 B	-36.15%
2018-12-31	HK$1.80 B	273.27%
2017-12-31	HK$0.48 B	-18.17%
2016-12-31	HK$0.59 B	16.14%
2015-12-31	HK$0.50 B	113.28%
2014-12-31	HK$0.23 B	-36.85%
2013-12-31	HK$0.37 B	-80.62%
2012-12-31	HK$1.95 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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