Italian Wine Brands (IWB.MI)

Cash on Hand as of December 2023 : HK$0.61 Billion

According to Italian Wine Brands's latest financial reports the company has HK$0.61 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.

Italian Wine Brands - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.61 B	19.21%
2022-12-31	HK$0.51 B	-2.72%
2021-12-31	HK$0.53 B	66.68%
2020-12-31	HK$0.31 B	11.61%
2019-12-31	HK$0.28 B	-19.19%
2018-12-31	HK$0.35 B	22.99%
2017-12-31	HK$0.28 B	27.65%
2016-12-31	HK$0.22 B	16.52%
2015-12-31	HK$0.19 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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Italian Wine Brands (IWB.MI) - Cash on Hand