Avalon GloboCare (ALBT)

Cash on Hand as of September 2024 : HK$7.95 Million

According to Avalon GloboCare's latest financial reports the company has HK$7.95 Million 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.

Avalon GloboCare - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.22 M	-85.67%
2022-12-31	HK$15.55 M	147.04%
2021-12-31	HK$6.29 M	11.79%
2020-12-31	HK$5.63 M	-5.45%
2019-12-31	HK$5.95 M	-66.22%
2018-12-31	HK$17.63 M	-25.42%
2017-12-31	HK$23.65 M	5.67%
2016-12-31	HK$22.38 M	1488363.37%
2015-12-31	HK$0 M
2014-12-31	N/A

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Office Properties Income Trust OPI	HK$2.03 B	25,414.35%	🇺🇸 USA
One Liberty Properties OLP	HK$0.32 B	4,031.52%	🇺🇸 USA
Omega Healthcare OHI	HK$4.02 B	50,509.26%	🇺🇸 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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Avalon GloboCare (ALBT) - Cash on Hand

Cash on Hand as of September 2024 : HK$7.95 Million