Power Assets (0006.HK) - Cash on Hand

Cash on Hand as of December 2023 : $0.53 Billion USD

According to Power Assets's latest financial reports the company has $0.53 Billion USD 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.

Power Assets - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.75 B	27.6%
2021-12-31	$0.59 B	-15.55%
2020-12-31	$0.70 B	11.82%
2019-12-31	$0.62 B	-6.24%
2018-12-31	$0.66 B	-79.47%
2017-12-31	$3.25 B	-59.14%
2016-12-31	$7.95 B	-9.49%
2015-12-31	$8.79 B	11.27%
2014-12-31	$7.90 B	676.21%
2013-12-31	$1.01 B	28.51%
2012-12-31	$0.79 B	0.51%
2011-12-31	$0.78 B	5.04%
2010-12-31	$0.75 B	14.23%
2009-12-31	$0.65 B	-43.36%
2008-12-31	$1.15 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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