Pattern S.p.A. (PTR.MI)

Cash on Hand as of December 2023 : HK$0.22 Billion

According to Pattern S.p.A.'s latest financial reports the company has HK$0.22 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.

Pattern S.p.A. - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.22 B	42.84%
2022-12-31	HK$0.16 B	-20.32%
2021-12-31	HK$0.20 B	-10.62%
2020-12-31	HK$0.22 B	60.59%
2019-12-31	HK$0.14 B	144.9%
2018-12-31	HK$57.26 M	318.1%
2017-12-31	HK$13.69 M	-28.06%
2016-12-31	HK$19.03 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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Pattern S.p.A. (PTR.MI) - Cash on Hand