Orbit Communication Systems (ORBI.TA)

Cash on Hand as of June 2024 : HK$0.32 Billion

According to Orbit Communication Systems 's latest financial reports the company has HK$0.32 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.

Orbit Communication Systems - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.30 B	12.23%
2022-12-31	HK$0.27 B	15.88%
2021-12-31	HK$0.23 B	27.62%
2020-12-31	HK$0.18 B	34.66%
2019-12-31	HK$0.13 B	43.93%
2018-12-31	HK$94.21 M	-9.76%
2017-12-31	HK$0.10 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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Orbit Communication Systems (ORBI.TA) - Cash on Hand