Discover Financial Services (DFS) - Cash on Hand

Cash on Hand as of December 2022 : $21.10 Billion USD

According to Discover Financial Services's latest financial reports the company has $21.10 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.

Discover Financial Services - Cash on Hand chart (from 2006 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$21.10 B	141.2%
2021-12-31	$8.75 B	-35.49%
2020-12-31	$13.56 B	95.9%
2019-12-31	$6.92 B	-47.94%
2018-12-31	$13.29 B	-0.05%
2017-12-31	$13.30 B	11.68%
2016-12-31	$11.91 B	24.47%
2015-12-31	$9.57 B	31.41%
2014-12-31	$7.28 B	11.14%
2013-12-31	$6.55 B	-28.03%
2012-12-31	$9.10 B
2012-11-30	$3.92 B	37.76%
2011-11-30	$2.84 B	-44.11%
2010-11-30	$5.09 B	-60.84%
2009-11-30	$13.02 B	42.75%
2008-11-30	$9.12 B	262.45%
2007-11-30	$2.51 B	620.32%
2006-11-30	$0.34 B	13.73%
2005-11-30	$0.30 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Capital One COF	$30.85 B	46.20%	🇺🇸 USA
Zions Bancorporation ZION	$2.99 B	-85.82%	🇺🇸 USA
TFS Financial TFSL	$0.36 B	-98.25%	🇺🇸 USA
Associated Banc-Corp ASB	$0.59 B	-97.19%	🇺🇸 USA

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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