Direct Digital Holdings (DRCT)

Cash on Hand as of September 2024 : HK$31.75 Million

According to Direct Digital Holdings's latest financial reports the company has HK$31.75 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.

Direct Digital Holdings - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$39.95 M	26.36%
2022-12-31	HK$31.62 M	-13.43%
2021-12-31	HK$36.52 M	192.3%
2020-12-31	HK$12.49 M	81.86%
2019-12-31	HK$6.87 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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Direct Digital Holdings (DRCT) - Cash on Hand