Orient Electric (ORIENTELEC.NS)

Cash on Hand as of September 2024 : HK$54.86 Million

According to Orient Electric 's latest financial reports the company has HK$54.86 Million 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.

Orient Electric - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$0.15 B	2.28%
2022-03-31	HK$0.15 B	-43.05%
2021-03-31	HK$0.27 B	3638.82%
2020-03-31	HK$7.27 M	-79.59%
2019-03-31	HK$35.62 M	-4.06%
2018-03-31	HK$37.13 M	32.48%
2017-03-31	HK$28.02 M

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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Orient Electric (ORIENTELEC.NS) - Cash on Hand