Latitude Group Holdings (LFS.AX)

Cash on Hand as of December 2023 : HK$1.32 Billion

According to Latitude Group Holdings's latest financial reports the company has HK$1.32 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.

Latitude Group Holdings - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.33 B	-31.07%
2022-12-31	HK$1.93 B	-50.33%
2021-12-31	HK$3.89 B	28.78%
2020-12-31	HK$3.02 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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Latitude Group Holdings (LFS.AX) - Cash on Hand