Proeduca Altus (PRO.MC)

Cash on Hand as of August 2023 : HK$0.72 Billion

According to Proeduca Altus's latest financial reports the company has HK$0.72 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.

Proeduca Altus - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	HK$0.73 B	66.47%
2022-08-31	HK$0.44 B	-29.5%
2021-08-31	HK$0.62 B	49.33%
2020-08-31	HK$0.41 B	-19.4%
2019-08-31	HK$0.51 B	-22.66%
2018-08-31	HK$0.67 B	18.38%
2017-08-31	HK$0.56 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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Proeduca Altus (PRO.MC) - Cash on Hand