Carel Industries (CRL.MI)

Cash on Hand as of December 2023 : HK$1.34 Billion

According to Carel Industries's latest financial reports the company has HK$1.34 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.

Carel Industries - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.35 B	50.46%
2022-12-31	HK$0.90 B	1.38%
2021-12-31	HK$0.88 B	-17.59%
2020-12-31	HK$1.07 B	96.82%
2019-12-31	HK$0.54 B	10.55%
2018-12-31	HK$0.49 B	-41.88%
2017-12-31	HK$0.85 B	39.33%
2016-12-31	HK$0.61 B	25.84%
2015-12-31	HK$0.48 B	2.95%
2014-12-31	HK$0.47 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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Carel Industries (CRL.MI) - Cash on Hand