Enact Holdings (ACT) - Cash on Hand

Cash on Hand as of September 2024 : A$9.88 Billion

According to Enact Holdings's latest financial reports the company has A$9.88 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.

Enact Holdings - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$8.66 B	9.14%
2022-12-31	A$7.93 B	1.1%
2021-12-31	A$7.85 B	9.78%
2020-12-31	A$7.15 B	15.13%
2019-12-31	A$6.21 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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