Procaps Group (PROC) - Cash on Hand

Cash on Hand as of September 2023 : HK$0.20 Billion

According to Procaps Group's latest financial reports the company has HK$0.20 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.

Procaps Group - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.33 B	-40.25%
2021-12-31	HK$0.56 B	1615.16%
2020-12-31	HK$32.78 M	106.15%
2019-12-31	HK$15.9 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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