Southern States Bancshares (SSBK)

Cash on Hand as of December 2022 : ₹8.97 Billion

According to Southern States Bancshares's latest financial reports the company has ₹8.97 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	₹8.72 B	-44.15%
2021-12-31	₹15.62 B	185.9%
2020-12-31	₹5.46 B	-15.89%
2019-12-31	₹6.49 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