Gulf Energy Development Public Company (GULF.BK)

Cash on Hand as of June 2024 : HK$7.24 Billion

According to Gulf Energy Development Public Company's latest financial reports the company has HK$7.24 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.

Gulf Energy Development Public Company - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$9.19 B	-4.25%
2022-12-31	HK$9.60 B	85.18%
2021-12-31	HK$5.18 B	23.38%
2020-12-31	HK$4.20 B	27.74%
2019-12-31	HK$3.29 B	-18.33%
2018-12-31	HK$4.02 B	-21.95%
2017-12-31	HK$5.16 B	502.65%
2016-12-31	HK$0.85 B	169.88%
2015-12-31	HK$0.31 B	-3.12%
2014-12-31	HK$0.32 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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Gulf Energy Development Public Company (GULF.BK) - Cash on Hand