Global Fashion Group (GFG.DE)

Cash on Hand as of December 2023 : HK$3.33 Billion

According to Global Fashion Group's latest financial reports the company has HK$3.33 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.

Global Fashion Group - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$3.34 B	-27.52%
2022-12-31	HK$4.60 B	-17.73%
2021-12-31	HK$5.60 B	60.51%
2020-12-31	HK$3.49 B	44.29%
2019-12-31	HK$2.41 B	157.2%
2018-12-31	HK$0.94 B	-60.09%
2017-12-31	HK$2.35 B	18.32%
2016-12-31	HK$1.99 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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Global Fashion Group (GFG.DE) - Cash on Hand