Atlantic Sapphire (ASA.OL)

Cash on Hand as of December 2023 : HK$0.17 Billion

According to Atlantic Sapphire's latest financial reports the company has HK$0.17 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.

Atlantic Sapphire - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.18 B	39.49%
2021-12-31	HK$0.13 B	-40.01%
2020-12-31	HK$0.22 B	210.39%
2019-12-31	HK$71.23 M	-51.35%
2018-12-31	HK$0.14 B	-64.47%
2017-12-31	HK$0.41 B	5373.56%
2016-12-31	HK$7.52 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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Atlantic Sapphire (ASA.OL) - Cash on Hand