The Phoenix Holdings (PHOE.TA)

Cash on Hand as of June 2024 : HK$44.12 Billion

According to The Phoenix Holdings's latest financial reports the company has HK$44.12 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.

The Phoenix Holdings - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$71.65 B	9.59%
2022-12-31	HK$65.39 B	-3.02%
2021-12-31	HK$67.42 B	23.85%
2020-12-31	HK$54.44 B	59.26%
2019-12-31	HK$34.18 B	133.29%
2018-12-31	HK$14.65 B	-69.67%
2017-12-31	HK$48.31 B	15.24%
2016-12-31	HK$41.92 B	-7.06%
2015-12-31	HK$45.10 B	-13.84%
2014-12-31	HK$52.35 B	-2.49%
2013-12-31	HK$53.68 B	867.79%
2012-12-31	HK$5.54 B	12.65%
2011-12-31	HK$4.92 B	-64%
2010-12-31	HK$13.67 B	36.98%
2009-12-31	HK$9.98 B	362.4%
2008-12-31	HK$2.15 B	-67.53%
2007-12-31	HK$6.65 B	0.81%
2006-12-31	HK$6.59 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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The Phoenix Holdings (PHOE.TA) - Cash on Hand