Polar Power (POLA) - Cash on Hand

Cash on Hand as of June 2024 : HK$8.7 Million

According to Polar Power 's latest financial reports the company has HK$8.7 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.

Polar Power - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.64 M	-95.86%
2021-12-31	HK$39.77 M	211.72%
2020-12-31	HK$12.76 M	-42.31%
2019-12-31	HK$22.11 M	-39.09%
2018-12-31	HK$36.31 M	-67.27%
2017-12-31	HK$0.11 B	-11.91%
2016-12-31	HK$0.12 B	6068.98%
2015-12-31	HK$2.04 M	-52.44%
2014-12-31	HK$4.29 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Hyliion HYLN	HK$1.20 B	13,771.67%	🇺🇸 USA
Polar Power POLA	HK$8.7 M	0.00%	🇺🇸 USA

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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