The People's Insurance Company (PICC) (601319.SS)

Cash on Hand as of June 2024 : NZ$5.44 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has NZ$5.44 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 People's Insurance Company (PICC) - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$177.71 B	3450.47%
2021-12-31	NZ$5.00 B	1.85%
2020-12-31	NZ$4.91 B	-3.44%
2019-12-31	NZ$5.08 B	-39.09%
2018-12-31	NZ$8.35 B	30.75%
2017-12-31	NZ$6.39 B	-22.77%
2016-12-31	NZ$8.27 B	7.89%
2015-12-31	NZ$7.67 B	10.51%
2014-12-31	NZ$6.94 B	-13.76%
2013-12-31	NZ$8.04 B	-42.22%
2012-12-31	NZ$13.92 B	29.69%
2011-12-31	NZ$10.73 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 People's Insurance Company (PICC) (601319.SS) - Cash on Hand