Globe Life (GL) - Cash on Hand

Cash on Hand as of June 2024 : HK$138.48 Billion

According to Globe Life 's latest financial reports the company has HK$138.48 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.

Globe Life - Cash on Hand chart (from 1996 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$141.01 B	8.01%
2022-12-31	HK$130.55 B	-22%
2021-12-31	HK$167.38 B	0.82%
2020-12-31	HK$166.02 B	12.07%
2019-12-31	HK$148.14 B	14.77%
2018-12-31	HK$129.07 B	-4.04%
2017-12-31	HK$134.49 B	12.67%
2016-12-31	HK$119.37 B	11.01%
2015-12-31	HK$107.53 B	-4.88%
2014-12-31	HK$113.05 B	12.21%
2013-12-31	HK$100.75 B	-5.11%
2012-12-31	HK$106.17 B	13.98%
2011-12-31	HK$93.15 B	1955.43%
2010-12-31	HK$4.53 B	-0.85%
2009-12-31	HK$4.57 B	233.52%
2008-12-31	HK$1.37 B	33.85%
2007-12-31	HK$1.02 B	-24.07%
2006-12-31	HK$1.34 B	26.39%
2005-12-31	HK$1.06 B	38.87%
2004-12-31	HK$0.76 B	54.15%
2003-12-31	HK$0.49 B	-20.11%
2002-12-31	HK$0.62 B	-41.97%
2001-12-31	HK$1.07 B	1.62%
2000-12-31	HK$1.05 B	18.79%
1999-12-31	HK$0.89 B	42.32%
1998-12-31	HK$0.62 B	-45.69%
1997-12-31	HK$1.15 B	44.11%
1996-12-31	HK$0.79 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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