AST SpaceMobile (ASTS) - Cash on Hand

Cash on Hand as of June 2024 : HK$2.21 Billion

According to AST SpaceMobile's latest financial reports the company has HK$2.21 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.

AST SpaceMobile - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.86 B	-25.71%
2021-12-31	HK$2.50 B	656.65%
2020-12-31	HK$0.33 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
SK Telecom SKM	HK$11.98 B	440.67%	🇰🇷 S. Korea
Spok Holdings SPOK	HK$0.18 B	-91.63%	🇺🇸 USA
Shentel SHEN	HK$0.34 B	-84.64%	🇺🇸 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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