Fastned (FAST.AS) - Cash on Hand

Cash on Hand as of December 2023 : HK$1.10 Billion

According to Fastned's latest financial reports the company has HK$1.10 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.

Fastned - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.11 B	-11.4%
2022-12-31	HK$1.25 B	10.34%
2021-12-31	HK$1.13 B	251.92%
2020-12-31	HK$0.32 B	88.18%
2019-12-31	HK$0.17 B	93.43%
2018-12-31	HK$88.67 M	-42.02%
2017-12-31	HK$0.15 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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