Southern States Bancshares (SSBK)

Cash on Hand as of December 2022 : HK$0.82 Billion

According to Southern States Bancshares's latest financial reports the company has HK$0.82 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.

Southern States Bancshares - Cash on Hand chart (from 2020 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.82 B	-49.67%
2021-12-31	HK$1.63 B	182.56%
2020-12-31	HK$0.57 B	-18.36%
2019-12-31	HK$0.70 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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Southern States Bancshares (SSBK) - Cash on Hand