Galenica (GALE.SW) - Cash on Hand

Cash on Hand as of December 2023 : HK$1.07 Billion

According to Galenica's latest financial reports the company has HK$1.07 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.

Galenica - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.07 B	35.83%
2022-12-31	HK$0.79 B	-43.58%
2021-12-31	HK$1.40 B	167.83%
2020-12-31	HK$0.52 B	-27.78%
2019-12-31	HK$0.72 B	-12.9%
2018-12-31	HK$0.83 B	8.17%
2017-12-31	HK$0.77 B	1025.31%
2016-12-31	HK$68.65 M	-16.65%
2015-12-31	HK$82.37 M	-52.86%
2014-12-31	HK$0.17 B	7.37%
2013-12-31	HK$0.16 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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